OBV is still showing accumulation similar to other low floats that have done the exact same thing recently. Uplisting from OTC, slash the float with a r/s. Gap way down.
I'm still long here and have been buying on dips. Holding. Looking for at least $3.
Descending wedge in the making. Shorts owned this ticker and showed an intraday head and shoulders yesterday (I took profits)
Bearish flow for now. Waiting for a retest of support and maybe a gap fill for another long position.
Gap at 4.80s Good luck.
Lower float, 16M o/s
P/E 1.37 Forward P/E 0.42
EPS this year +135.70%
EPS next year +391.36%
Gross Margin +91%
Operating Margin +38.10%
Institutional transactions up 16.61% as of last Q.
I'm gonna watch it tomorrow then update once I've entered. Always size appropriately.
Low float mania continues with today's highest flyer $VINO that I had published an idea on at the start of June see that idea here:
Uplisted to nasdaq on February 4th 2021 with a $12M public offering and a 2/5 split on 2/21/21
4.85M float (smaller than vino)
On Balance Volume...
Nasdaq off fresh all time highs today and a freak move into the close. Should the Q's continue or not I'd imagine Tesla will start moving with it more in line again.
There are too many downside gaps to count going back years and years so I'm not gonna bear up here because they've been unfilled for years.
Mainly looking at YTD gaps and the more recent the gap the...
Daily chart...kicking baby bullish candle.
Been range bound for 150ish trading days with no clear breakout or breakdown.
Be real, if you saw this on a 1 minute chart with momentum building you'd buy this breakout no?
Bullish as hell until otherwise.
Watching the gap at 3.50 I have a feeler position on (just my style) 2M float.....OBV don't lie so I'm rocking with the feeler position with a limit around $3.50 as well (full size with a bracket SL) Be careful.
Very low float...many technical gaps left...
I am accumulating carefully with alerts set. Ideally want to see major support get put in anywhere around 4.10s-4.20s (spot is 2.24 right now)
Could see some major moves in the near future. OBV don't lie.