Long
BKLLF Breakout of Bull Pennant Potential 100% gains
For some reason, Trading View will not let me a video right now. So, I will post details below.
Codebase has finally broken out of the bull pennant and is beginning it uptrend. We will need a confirmation of the breakout tomorrow; let's keep an eye out for that.
Our signaling indicators are stabilized volume, MACD signaling buy, OU and RSI both signaling strong buys.
I foresee between now and August a $0.50 price target. It will be interesting to see the spikes and large price jumps but keep in mind that Codebase is releasing their Arcology coin this summer, which is proving to be better in terms of performance and scalability than expected. Furthermore, they will hold 50% of these coins, which will not only help the price of this stock but create scarcity by removing 50% of the coins from circulation. Basic law of supply and demand.
Happy Investing!
Codebase has finally broken out of the bull pennant and is beginning it uptrend. We will need a confirmation of the breakout tomorrow; let's keep an eye out for that.
Our signaling indicators are stabilized volume, MACD signaling buy, OU and RSI both signaling strong buys.
I foresee between now and August a $0.50 price target. It will be interesting to see the spikes and large price jumps but keep in mind that Codebase is releasing their Arcology coin this summer, which is proving to be better in terms of performance and scalability than expected. Furthermore, they will hold 50% of these coins, which will not only help the price of this stock but create scarcity by removing 50% of the coins from circulation. Basic law of supply and demand.
Happy Investing!
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