Low cap penny stock, just released their apple play products, and have a big 50,000 ad marketing campaign for their products starting in october.
this has also retraced to the perfect areas as seen on the chart.
finding support, retracing to the top of the last breakout peak perfectly
and momentum is starting to turn green last 30 days.
with the bottom in,...
- SPYR Tech has lost more than half of its value from it's 52-week high of .23 on March 16.
- SPYR is approaching a support level of .08 and I am expecting to see consolidation before we make a move higher.
- It is more likely than not we hold this support level given the recent bullish newsflow and improving fundamentals of the company. IMO
SPYR is tracing out a type specimen Bullish Ascending Triangle breakout pattern with a trigger level in the $0.20/share area. This matches up well with the company's aggressive move into the Smart Home marketplace on the Apple platform.
SPYR Technologies (OTCMKTS:SPYR) frames itself as a technology company that, through its subsidiary, Applied MagiX Inc.,...
keeping it simple.
This is high risk reward.
Looks to be respecting this wedge, and has slight positive momentum.
They just released their game app a few months ago, and seem to be working with cartoon network.
and once earnings come in for the quarter with the new numbers, this may jump.
We have a daily squeeze, waiting for the pop, loading a small position...
