AMMO, Inc. stock forum
POWW 2 things about this chart strike me. 1) Looks like a cup and handle with shake out leading into the trend channel that was created from the bottom of the cup. 2) Looks like a pole and Bear Flag leading into that trend channel. This is looking very interesting!
POWW There has been a nice run up during this month's bull run, but it looks like we are falling below the bull channel.
POWW beats by 325%! Up 16.18% today and climbing. I called it on fundamentals 12 months ago with the new plant opening.POWW With a few indicators, we can see that there was a cup and handle at the bottom in May, and a really long shake out. Now we appear to be on the rise. We also have the next target order-block around $2.17. Most likely headed there before we see a pull-back.
POWW has broken out of it's major downward trendline. With the current bull-run, we should see some upward mobility.