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SOS

SOS Update 5/9/2021 "DIVERGANCE"Hello, it's been a while. Due to all the crypto craze during all of April, now rolling into May and the summer time, I wanted to give SOS a chance react. With SOS earnings in sight, it pleases me to know there's opportunity at such a low price. The 3 month trend as seen above is a classic example of a bullish divergence. A bullish divergence can be easily described as a technical indicator where the price-action of an asset makes lower low's during a downtrend, and the technical indicator I am using MACD is making higher low's despite the stock's price action + volume is decreasing therefore consolidating. This behavior represents support. This is not guaranteed but when a divergence indicator is identified, there are good odds that we'll see a reversal. I'm just curious how much SOS has been making by mining Ethereum, that's all. (((Trade and invest with caution, and practice risk management always))) As always, I will continue to observe SOS daily. Follow for updates.
NYSE:SOSLong
by SPADESASSETS
SOS UPDATE 4/20I picked up a few hundred shares when SOS fell bellow $4. Awesome mid-day rebound. Today's News: SOS Enters into a Purchase Agreement for 575 Ethereum Mining Rigs with 400 Giga Hash Rate Capability. Mr. Yandai Wang, CEO of SOS, commented, "we are optimistic about the future of cryptocurrencies and Ethereum in particular. This is part of our overall strategy to develop blockchain-based environments and services and which will be a core part of our growth in 2021 and beyond". markets.businessinsider.com www.nasdaq.com
NYSE:SOSLong
by SPADESASSETS
3
SOS Is Criminally Undervalued and due for breakout.It's obvious that SOS is very undervalued currently sitting at $4.35 at the time of writing this. With 15,000 total miners going operational in April they will already have more active miners than $RIOT who has been in the crypto mining game for far longer than SOS. Obviously this isn't a great comparison as Riot has less diluted shares and better miners yet the difference in price of the two stocks is much more significant. SOS has approximately 2x the share float of Riot yet is sitting at 1/8th the price. In my conservative estimate, SOS deserves at least 1/3rd the price of Riot giving a price target of $15 for SOS with more upwards movement possible. 🚀 I believe it is due for a huge breakout soon.
NYSE:SOSLong
by xLucky900
4
SOS Descending TriangleI know a lot of people on this name. In a descending triangle and 63% of the time that a price rises up into this pattern, the price break above this pattern. So odds here, 63% on a break above. The implied move on this break above would be 9.48pts. Support lines in green. I want to see the blue downtrend line break with a daily candle close and the candle get above the red bollinger band. This is not something SOS has been able to do in quite some time as you can see the red Bollinger band has rejected it multiple times. This will allow you the best low risk, high reward set-up. GL
NYSE:SOS
by MarketMotion