Forgot to post this but I try to post all my trades. Bought in with an average of .6093, up 15% so far.
Severely undervalued. I’m regurgitating what I read online but between selling off some assets to clear some debts off the books and their good mgmt team + paired with increase oil prices should drive demand up for opportunities to increase their revenue.
I don’t have a sell target yet. I think this could easily run to 1.50+ And will be waiting till I see signs of a reversal on a higher time frame like 1d candles
Note
Sold this one for a ~17% profit. Wanted to play a few other charts instead. Will have some good buy back opportunities in the next few days.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.