FANS.C -- Multiple bullish divergences and promotional campaign
FANS.C has formed a double bottom on the chart in the low .20s. Multiple bullish divergences on the Daily Chart with a strong pickup in Accumulation even as stock retraced to test the support line.
The original drop was caused by shares issued as part of recent acquisition but there are early signs of bullish momentum returning. The company is running a promotional campaign in the US and Canada which should help with volume needed to absorb the remaining cheap paper.
Good news flow. Expansion into the US market and sold new hires.
The original drop was caused by shares issued as part of recent acquisition but there are early signs of bullish momentum returning. The company is running a promotional campaign in the US and Canada which should help with volume needed to absorb the remaining cheap paper.
Good news flow. Expansion into the US market and sold new hires.
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