They say never buy a new stock I mean...unproven, unknown...the upside is outweighed by the downside. So instead of buying it under some random pretense of "the future"...I put it on my watchlist. I mean, who doesn't like a good space story. I know of no other launch sites in Canada and have never heard of any other companies...so at least they have the news portion, or at least whatever algorithm I'm plugged into.
So MAXQ has a piece of ground they claim to be suitable for their launch site. How long does it take to build a launchsite? How would you know? When was the last one you know that wasn't monstrous built? Needless to say things usually take long and cost more...so the battle is uphill for the crew trying to send this ship to space.
Anyone out there watching this? Any thoughts? Technicals? With my limited crayon based skills of trying to make patterns on charts I can offer no technical review of this stock....but wouldn't a space launch system in Canada be awesome?
Maritime
Ready to fly the chart show Braking the trend line and ready to fly ,
after pullback to the trend line we are ready to see a good grows in price
GLBS all time low! Cheap company in the global shipping sectorGlobus Maritime has nine dry bulk carriers in the spot market.
Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry!
I wouldn`t be surprised to see it jump at $4.5 this year.
GLBS all time low! Revenues increased by 161%In H1 2021 total revenues increased by about 161% compared to H1 2020. Adjusted EBITDA increased by about 6.8 million.
Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020.
As of June 30, 2021 cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%.
Market Cap 51.23Mil
They have more in cash that Market cap!
52 Week Range 2.46 - 10.86
My price target is 10usd for this - not to forget - "Meme stock" by the end of the year.
I`m looking forward to read your opinion about it.
Simple signal and example long positionRSI could cross the center line within the coming week and with the Ichimoku cloud having turned green on the first of march a bullish trend shift could be emerging. The only detriment to this projection is the height of the MACD . If it breaks off the signal and downturns the price could follow and return to bearish.
The long position on the chart is an example of a trade and not a recommendation or mandate.
~ This does not constitute as financial advice but is an idea and projection of future price movements without a recommended course of action ~