Blockchain frenzy on a wearable payment / biometric payment company.
reminds me of HMNY as an enormous pump-and-dump, "blockchain" fueled CDN with no plan of monetization of currency itself, needs to revert to mean, matter of time
OBV decline but price flat, retails stopped selling, short positions should stop out and rebound imminent for next catalyst.
Tests resistance line following tech correction and over FE release conjectures of RX performance, Elliot wave into earnings with sell off prior, earnings surprise and upward guidance, followed by SIGGRAPH catalyst on GPU line, leading to a retest of 52 week highs as additional datacenters begin to adopt EPYC (one possible scenario). *Off by a couple days since I...
$USDWTI rebound likely to continue (shale profitable > $45), $WFT oversold conditions developing large gap similar to last year (followed by immediate upward correction); new CEO is a positive, potential upcoming divestments. Technicals and fundamentals seem to align for a pop on this within the next week or two, followed by possible uptrend into earnings and...