AMMX recently reported that q1 will have higher than expected profit. Also they have stated that they had a record April. Note the last time the short and long term MA crossed in such manner it moved 500%. After a record year revenue wise and with the start of another banner year, the company is very undervalued at this point.
OTC:AMMX
A seller has held the stock just by selling just above .015 for around 5 months. The seller seems to be on the outs. The TA is ungagged and the float is 258m, unchanged for a year plus. The company is having a record quarter and about to file to uplist by the end of the month.
I alerted this idea in the .005's when it was still NWAV. It changed symbols to PAOG and Trading View doesn't pick it up so it rendered the last chart useless. Technical breakout. Same cross in the rectangle caused the stock to run 1000%, looking at the same to happen this time as the company has 4 new clinics opening next month.
Even though I have another chart with PAOG long where I recommended at much lower levels to hold. Even a short term pattern here is showing. Every red hammer has produced 100%+ gains. This gain should at least take it over dub copper and remain in the channel heading up. For this idea it's only a short term, but long isn't bad on the stock either.
The company is opening alternative medicine clinics and an open house starts tomorrow with 2 more opening in the next month. This is teetering on a hard breakout as the volume is preceding the movement. Tomorrow will be the tell tale sign.
The previous break out made for some good fundamental trading. Good volume above and below here on a 493m float and a conference call coming up Thursday afternoon that is supposed to detail new products and the plan going forward.
