Sharing a high risk trade that could essentially 2.5X from .285 to .78ish.
This is a chinese home service company with a 7 million market cap that has reverse split its stock twice with poor financials. I WOULD NEVER hold this stock.
I like this trade because candles and indicators are rounding up on high timeframes. Volume is picking up and is nearing 2 million. Which is a lot for a 7 million market cap penny stock.
My target is near .78. I personally would sell a large pump as its not sustainable for a stock like this or front run my target of .78.
On the flip side, with two reverse splits, there are a lot less shares than usual. This stock could tank at any minute with a fat finger sell and that makes it super high risk.
This is a chinese home service company with a 7 million market cap that has reverse split its stock twice with poor financials. I WOULD NEVER hold this stock.
I like this trade because candles and indicators are rounding up on high timeframes. Volume is picking up and is nearing 2 million. Which is a lot for a 7 million market cap penny stock.
My target is near .78. I personally would sell a large pump as its not sustainable for a stock like this or front run my target of .78.
On the flip side, with two reverse splits, there are a lot less shares than usual. This stock could tank at any minute with a fat finger sell and that makes it super high risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.