$BYOC Breaks out above the Ichimoku Cloud 50MA and Pinched Bolis
BYOC Continues its massive breakout run up after breaking out of the Ichimoku Cloud with 5 consecutive days above the 50MA making higher highs and higher lows. Bolis have also pinched and released on the chart and the 1 Year and 3 Year charts show extreme bullish breakout on technicals. Usually the last few days of the run the shorts were handed the mornings and the longs and bulls took over the afternoons after lunch, that seems to be the case today as the bulls have already stepped in early during lunch to take the reigns and are tapping the ask up.Over the weekend OTCMarkets was updated to reflect the new share structure which showed a 300 mil reduction of the float and a new website was also posted.
Many catalysts are expected both short term and long term, the next short term catalyst is expected to be audited fins which should drop within the week, after that is an uplistment to OTCQB or the finalization of the first major acquisition worth over $25 Mil in revenues. Many more acquisitions are expected long term as well as an uplistment to the NASDAQ eventually.
Long term PPS target still remains $5+ by this time next year.
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