Syta trend predictionSyta a Canadian cellular telecom company has had a lot of success in Saudi Arabia with their push to talk over cellular. Emergency Services Teams (Ambulance, Fire, Police, Security, etc) Love this!
Syta reverse split 1-100, from 4 cents to 4 dolla last week and has been in accumulation phase since the split. The chart shows us a falling wedge pattern and a break out is near.
Over the next few days we may break resistance @4.61 and @4.81 or maybe today!
We were halted this morning , and when we came out of halt we opened @5.00 and fell a few cents and we are re testing the resistance at 4.61.
Hopefully we can see price rise to the next resistance//support at 7.50 and 8.00 dolla!
Very low float at 1.68 million and no dilution! so we may actually see alot higher price rise in a very short time.
*not financial advice
*beginner trader
*learning as we go
Thanks again :)
SYTA
I see that RSI curling upward, time for a BIG BOUNCE!Siyata Mobile Inc. develops and provides cellular communications solutions for enterprise customers. It offers vehicle mounted cellular based communications platforms over advanced 4G mobile networks and cellular booster systems. The company also provides 4G LTE devices, such as Uniden UV350 and Uniden CP250, in-vehicle communication devices that incorporate voice, push-to-talk over cellular, and data fleet management solutions. In addition, it offers rugged handheld clamshell devices (UR7, UR5) to complement commercial vehicle devices for international markets and support popular push-to-talk apps. Further, the company provides cellular booster solutions, such as Uniden U60C 4G and U65C 4G cellular boosters to provide the users with a boosted cellular signal in their trouble zone; Uniden Link 4G cradle style cellular booster used for single use case; Uniden UM50 4G cellular booster works well in cars, vans, first responders, and any situation on the go where one need to expand coverage zone; and UM2M 4G cellular booster for machine-to-machine applications, such as in vending and ATM machines. Additionally, it offers Uniden cellular signal boosters and accessories for homes, buildings, manufacturing facilities, and vehicles with poor cell coverage. The company serves cellular network operators and their dealers, as well as commercial vehicle technology distributors for fleets in Israel, Europe, Africa, the Middle East, Australia, New Zealand, Canada, and the United States. Siyata Mobile Inc. was incorporated in 1986 and is headquartered in Montreal, Canada.
Not Financial Advice - Just perfecting a process... At the time of this posting, I don't own any positions!
Idea:
Price Target: $3.69 - 4.13 dollars
- Bullish
Pros:
MACD crossed - charts
Increasing volume back to positive - charts
Low shares outstanding - Yahoo Finance
Institutional Ownership - fintel. io
Borrowing Rate to short this stock is increasing - fintel. io
Cons:
Hmnnnn....
Not Financial Advice - Just perfecting a process... Do you own due diligence before investing!