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PLX

MHUA Chinese Med Tech Penny StockMHUA is shown here on the daily chart. It is currently trading at about 90% off its high of the year. It is in the high volume area of the long term volume profile suggesting there is sufficent liquidity to support active trading. Recent volume spikes suggest buying volume increases with the spikes being about 10X relative volume. Price is over the POC line of the volume profile demonstrating that buying pressure exceeds selling pressure. Price is at or near to one standard deviation below the mean anchored VWAP and so in the undervalued area as confirmed by the RSI Stochastic < 20 %. Chart patterns include an engulfing " big ass " candle on 5/1 and a three-bar strike with another engulfing green candle on 5/12. Both of these could be considered long entry signals especially when supported by the price above the POC and the RSI. I will take a position risking 0.25% of the trading account to begin the trading week. I am targeting a gain of $15.00 per share being a 50% retracement back to the high YTD and a 300% return on investment. I will take a 100 share position and close 10 shares each time the price rises by $2.00. This will adequately mitigate the risk of a volatile penny stock while adequately rewarding the risk taken.
NASDAQ:MHUALong
by AwesomeAvani
Why do I believe in Plexus and hold PLX tokens? BITGET:PLXUSDT Here are some reasons why I am very bullish about this project: • the project really has functionality, it is used every day, including me. Plexus is a Cross-chain DEX aggregator. It guarantees the fastest, the cheapest and the most secure multi step swaps across all blockchain networks and bridges with a single transaction. With the Theta algorithm based "CCRP (Cross-Chain Routing Protocol)" and the maximized UX, PLEXUS will become the best one-stop DeFi platform where everyone can exchange any asset on any blockchain seamlessly www.plexus.app • the project has a very low capitalization, it is only about 900k dollars and very low price only 0.02$, its only 2x from IDO price (as of 23.12.2023), so a min. 100x increase in price is very possible in this bull market; • low token emission (max supply 500,000,000 PLX) and now (23.12.2023) in circulation are only 40,000,000 PLX which is equal to 8% of total supply; • the team successfully raised more than 500k dollars on such launchpads as Seedify, Redkite, Spores; • PLX tokens are traded on one of the best crypto exchanges (Bitget) and there is a stable daily trading volume of 100k dollars. Even very good and fundamental projects do not always have such a trading volume now; • the project has more than 30 partners, including such giants as Chainlink, Kava, Linea, Startgate, Amber There are many more reasons why I believe in this project, but it will take a lot of time, so I advise you to learn more about this gem on your own. I will say briefly. In this bull market that is approaching day by day, my goal for this project is a price of at least 2$ per PLX token. HODL
PLong
by Nikko23
Broke support - Will it reach 0.18 to trigger a Butterfly?PLX broke below support last week, following its earnings. If PLX won't close above support this week (which looks like it won't... but still about 60 minutes to the close), it will probably continue lower. The next potential Buy Zone is near 0.18$ The chart shows that near 0.18$ we have: - Completion of a bullish Butterfly pattern - The bottom of a trading channel If PLX will close above support again (before hitting the 0.18$ level), it will generate a potential false break and will probably drive the stock back towards the top of the channel
AMEX:PLX
by themarketzone