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Ammo

Educated Gambling!! LOL. Call Options that go $POWW or OW!! Were in a Double Bottom and a Bearish Pennant on the daily so who knows, and the chart doesn't look great either. This one is at the top of my degenerate list, pure speculation. My idea is either a big bang or a misfire. I've been buying NASDAQ:POWW $2.50 calls expiring 1/17/25. Started off buying at $15 then $10 and now $5 per call. And sometimes no one is even selling these options when they list for .01 (actually cost $5 min) My thought is NASDAQ:POWW could either run in the next 3 weeks or all the way up to Inauguration Day on January 20, 2025, hope to at least fill the gap at 2.46 and then get back to June 3rd high of $2.86. Most of us can figure out why it could possibly go parabolic so close to the Election. I hope for God's sake and love of country I'm actually wrong about this and pray for peace. But at the same time, as some of the corrupt powers to be say "never let a crisis go to waste"... Safe Trading Everyone!!
NASDAQ:POWWLong
by JoeKing1
2
Ammo Inc. ($POWW) - Excellent Risk and Reward OpportunityAmmo Inc presents itself as an excellent opportunity in a market where a large number of stocks are significantly overvalued. Ammunition, as we know it, has been booming for a while since the pandemic and we're now in a shortage, which has allowed this business to position itself very nicely going forward. Roth has labeled a $9 price target on the business. Subsequent to the valuation, it was announced that Ammo Inc. has been included in the June 4th preliminary list of member additions to the Russell 2000® Index and the Russell Microcap® Index, which become effective upon the opening of the US stock markets on June 28, as part of the 2021 Russell indexes reconstitution. About (taken from their website): AMMO, Inc. is a high-quality, technology-driven ammunition U.S.-based company; from our patented STREAK (R), HyperClean, and military ammunition technologies, to the latest and best manufacturing technology in the industry. Our manufacturing facilities and processes meet or exceed all SAAMI and MilSpec specifications. Fundamentally, the company has established itself well and the underlying data can be found at FinViz Technically speaking, the Risk/Reward opportunity is excellent. We can see it has broken out to the upside and has retested the $7.00 mark (the upper trend line) to validate the breakout. Let's be mindful of where this stands after next Friday's close. If we close below $7.00 next Friday, I'll be unwinding my position. I have marked the Stops and Take Profit levels here accordingly. Good luck and be sure to maintain your stops accordingly.
NASDAQ:POWWLong
by MadebyTrade
2