TANH trade ideas
TANH Interesting DevelopmentSecond highest volume day since crash from a few weeks ago. Many indicators showing continuation move upward. Second pivot hit at $4.15. Room to go on the weekly as a cross will happen soon, 3hr and 4hr look really good as well with MA's coming up to previous resistance, could act as support from here.
TANH LONGSeems like a great company at a create price, stock shows institutional interest with a confirmed move to the upside.
company description
Tantech Holdings Ltd is a China-based developer and manufacturer of bamboo-based charcoal products for industrial energy applications and household cooking, heating, purification, agricultural, and cleaning uses. The Company operates its business through three-segment, REUTERS
TANH retracement. Buying opportunity?!Tantech has agreed to sell to the institutional investors a total of 6,060,608 common shares (the "Purchased Shares") priced at $1.65 per share, with registered warrants for 2,754,820 common shares. (yahoo finance)
the Market Cap is low now 37.555M.
The company operates in three segments: Consumer Products, Trading, and Electric Vehicle.
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