EM1 Symmetrical TriangleSymmetrical Triangle Identified, price is likely to continue it's uptrend.
Recent positive announcements following the release of their Miggster Platform
● Emerge banks first cash receipts from the MIGGSTER platform totalling ~$8.3M
● MIGGSTER subscriptions continue to deliver strong daily growth
● The MIGGSTER platform was launched on 14 November 2020 and the first cash receipts represent gross
subscription fees receipted by Emerge in the 48 days since launch date.
Price Target
0.27
EM1
EM1 Signs agreement with MTN Emerge Gaming signs a 2 year agreement with MTN to distribute and market Emerge’s mobile competition and tournament platform technology. Huge potential with big profits for both companies. Great exposure for EM1 with MTN being the eighth largest Mobile Network Operator in the world and the largest in Africa. MTN has committed to invest into the marketing support and prizes in the first 12 months of the agreement. EM1 has also stated they have efficient cash on hand to fund the launch of the MTN Arena platform.
In my analysis I have marked the support and resistance zones.
leave a comment if you have any other ideas.
