OG Super Risk/Reward RatioI just found an interesting token.
OG (token in Binance innovative zone)
Not very clear fundamentals)But very clear technical picture)
There was an impulse and now we are in the correction that has slowed down between 61,8 and 78,6 FIBO
Usually such a structure leeds to one more strong impulse up to 423,6 FIBO - this is almost 6x
And if we trade this with a stop - the ratio is 18
Enjoy the chart if you are brave enough😀
OG
JUVUSDT futureJUV - PSG - OG - ASR and ATM all the tokens CHZ listed to get credit and increases its value is a fail as you can see in the chart all of the supports are gone and nothing is holding the trends way, all signals are bearish and this forecasting goes to every other 4 mentioned above
attention: if you are a football fan that's a great thing but don't invest in something like this for now you can stay tuned and just cash your tokens
OG looking to pump higher.Again being a penny stock we need to understand out risks here with how they can play out. If the bust they bust, you loose a chunk of coin. Now this company is based in Ontario and has multiple locations around the GTA and is finally pulled some great numbers in Q2.
Q2 Financial Results (comparison to quarter ended July 31, 2019):
- Sales increased 29% to $8.1 million from $6.2 million
- Normalized gross profit1 percentage increased to 29.0% from 23.9%
- Gross profit dollars increased 47% to $2.2 million from $1.5 million
- Net loss of $0.01 per share compared to a net loss of $0.03 per share
- EBITDA increased to earnings of $0.4 million from a loss of $-0.4 million
Cash balance: Increased to $0.9 million as compared to $0.2 million as of January 31, 2020.
Further information can be found on their latest press release.
September 29, 2020: Organic Garage Reports Second Quarter Results and a 29% Increase In Sales
www.organicgarage.com