SOS is getting grossly shorted because it of doubt that it is a real company. Mining companies lately have been moving with BTC price over the weekends. Worth the watch...
Looking for a test of the .0114 levels again this weekend.
Now that Bitcoin broke out of the ascending triangle it has appeared to have formed a new upward channel
TXMD earnings is March 3rd and the Double Bottom pattern is still in tact. All downward gaps have been filled. There is a huge gap that needs to be filled around $3.60+ which is about double the price from here. Looking at 3/19 $1.50Cs for a risky upside play as well as 6/18 $2.00Cs for a less risk play with more time
Feb Opex and other powers have delayed the double bottom set up completion on WTRH. However, if you believe in the company and the chart pattern then this coming week looks like a great buying opportunity before a large confirmation candle forms to break above the neckline resistance. I will be looking at $4.00 4/16s Call options as a potential risky upside opportunity.
Double Bottom pattern setting up here. STMX may rally against ETH this weekend while ETH fights the $2k level vs USD. Look for a pull back vs ETH during the week before a breakthrough above the Measured Objective space
Now that STMX broke out of the triangle it looks to be forming an uptrend trading channel. I plan on adding more at the lower end or the range. If it breakout out of the channel I may look for a bounce back to the upper channel (previous resistance) to add more. Patience is my game plan here.
I adjusted the support trendline to give a better visual of the timing of the STMX breakout vs ETH. ETH currently is breaking out vs the USD and STMX is slightly correlated with ETH relative to the dollar. If/when STMX breakouts vs ETH while ETH is moving like this, STMX could 10x very soon
We could pullback most likely after the fireside chat and find support around $25. for the next leg to blue skies
The channel is getting so tight that the coin is running out of space to oscilate. There is potential for a very big move here in the next 2 days most likely Saturday. STMX could rocket again vs ETH while ETH is on the verge of a breakout against the USD dollar...
ETH is currently on the verge of breaking out vs the USD. STMX has a high correlation with ETH. However, STMX is on the verge of breaking out vs ETH!!!! March could be the month STMX trades above $.10 and potentially above $.25 in April
This coin could potentially see $.25 again very soon