Hey everyone,
I'm from Belgium so I'm going to write this message in English.
For some time I've been following the OTC stock PAPO. On 3/10 the stock exploded from 0,001 to 0,005 in 2-3 days. If you take at the chart of PAPO on:
stockcharts.com/def/servlet/SC.web?c=PAPO
you can see that on 3/10 the stockprice crossed the MA 50. After that, a clear triangle has been formed that was broken yesterday when the stock went up 13%.
I experienced the same with SWKJ some time ago. Take a look at the chart of SWKJ
stockcharts.com/def/servlet/...][vc60][iUb14!La12,26,9]&pref=G
On 9/9 this year, the stock went up from 0,025 to 0,06 in two days. This also happened when the stockprice crossed the MA50. And after that a triangle was been formed. This triangle was broken on 30/9 and the stock went up like a rocket!!! from 0,05 to 0,125 in a couple of days.
I think the same will happen with PAPO today. Especially because the triangle was brooken yesterday and the stockprice went up.
Feedback always welcome!
Destromatic
PS: I'm not very good with technical tools so I didn't drew any lines or such. The triangles should be clear.
I'm from Belgium so I'm going to write this message in English.
For some time I've been following the OTC stock PAPO. On 3/10 the stock exploded from 0,001 to 0,005 in 2-3 days. If you take at the chart of PAPO on:
stockcharts.com/def/servlet/SC.web?c=PAPO
you can see that on 3/10 the stockprice crossed the MA 50. After that, a clear triangle has been formed that was broken yesterday when the stock went up 13%.
I experienced the same with SWKJ some time ago. Take a look at the chart of SWKJ
stockcharts.com/def/servlet/...][vc60][iUb14!La12,26,9]&pref=G
On 9/9 this year, the stock went up from 0,025 to 0,06 in two days. This also happened when the stockprice crossed the MA50. And after that a triangle was been formed. This triangle was broken on 30/9 and the stock went up like a rocket!!! from 0,05 to 0,125 in a couple of days.
I think the same will happen with PAPO today. Especially because the triangle was brooken yesterday and the stockprice went up.
Feedback always welcome!
Destromatic
PS: I'm not very good with technical tools so I didn't drew any lines or such. The triangles should be clear.