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SNAX trade ideas

SNAX IS it ready for another explosive move?SNAX went up 5X last November after favorable earnings. It is a penny stock and inclined to volatility. The following could support another explosive move: (1) it just printed another favorable earnings report. (2) it crossed the mean anchored VWAP band (3) price is above the POC line of the volume profile and in the high volume area. (4) the RSI indicator shows relative strength crossed over 50. (5) bullish momentum is demonstrated by a green engulfing candle after several days of sideways consolidation. (6) price crossed through the basis midline of the Bollinger Bands typically considered by some to be an entry signal. As a penny stock this is a risky trade but as such is also carrying a high reward potential. I will take a long position and contribute to the bullish momentum. I plan to make at least 100% on this trade if not more. I will set a stop loss of 10% to give the volatility some room.
NASDAQ:SNAXLong
by AwesomeAvani
SNAX | Fishing for the bottomThis is a SPAC stock with a market cap of 80 million The founder just filed a Form 4 saying he acquired 10k shares @ 4.23, bringing him to 817k shares or about 4% ownership in his own company, which seems low... I guess SPAC's are not a great deal for founders? Anyway the only SEC disclosures are these insider "buys" which I admit could be some kind of warrant exercise, but they are showing the price at the current level. So I'm looking at the chart and hoping for a $4 bottom. Probably going to put a stop around 3.80 and I'm looking for a rise to $7, how cool would that be?
NASDAQ:SNAXLong
by ChartMeNot
4