This stock is currently high on volume with a lot of eyes on it. It is currently also at a psychological price point of $2.00 and ending the weekend on a daily high at $2.00. It is sitting right at a resistance point of $2.00, which it has faced previously back in February/March 2018 and then again in November 2020. If it can push through the resistance, this...
I have bought into Bitcoin at around $850 CAD just based on the idea I'm long on blockchain and crypto in general and ethereum had climbed way less than bitcoin since their highs in 2018. Bitcoin surpassed its previous 2018 high on around Dec.16th which around $20,000CAD. It is currently around $35,000CAD or up 75% since its previous high. In the case of Ethereum...
I have been watching this for awhile. It is a great stock in a great recession proof industry; which Bill Gates owns a fair share of if you are into mirroring the rich. Fundamental sound. On a technical basis, we see the classic bullish pennant forming and then breakout today. This stock should continue to climb into 2021.
