Hello, Traders! I have come across an interesting opportunity today.! SOS looks to have formed a solid near $2.25-2.50.. There has been a lot of speculation behind this company in the recent year and had a massive dilution in shares this year.. From about 24 million shares to 184 million shares roughly. The company has not released an report all year but provided Fiscal 2020 , essentially since they began mining crypto.. We should see within the next 2 months.. Although has remained low recently with upcoming catalysts many big players will have they’re eye on this one.. Weekly Chart shows we are consolidating under the previous Lower Low in the downtrend, which is also the yearly low. Buy Limit set at $2.67! Triple Bottom bottom pattern on should allow this stock to test the $3.50 daily resistance once again (1st TP). A break above this zone with strong daily closure will take the price to $4.75-$6.00 (2nd TP), respectively weekly resistance. A break above this zone will allow a test of the $9.25-$9.80 region where daily gaps down have yet to be filled. (3rd TP). A Break below $2.25 will invalidate this trade (SL for swing trade).Most Related Links :
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