SWRM trade ideas
SWRM - BullishFibonacci retracement
Area of Demand
Long term bullish
Announced cryptocurrency mining operations on October 25th, company continues good communication with shareholders
Fundamental fro Yahoo FInance:
AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.
long term penny stock perfect RSI setup AppSwarm, Inc., a technology development and incubation company, focuses on the development of mobile applications and technology.
Technical Analysis on SWRMOTC:SWRM
Here's an interesting penny stock I've been following for awhile. Very promising technology if they actually come out with some updates on numbers. As for the chart, very promising weekly bullish divergences on RSI as well as many daily divs on RSI. Volume going up past few weeks and price should follow.
Some chart info:
Moving averages are exponential. Indicator is by LazyBear called 8x MA with configurable lengths
Green: EMA 10
Skinny Red: EMA 20
Thicker Red: EMA 26
Orange: EMA 50
Light Blue: EMA 100
Dark Blue: EMA 200
Skinny Black: EMA 250
Skinny Purple: EMA 300
Bottom indicators are:
RSI (14, CLOSE)
Stoch RSI (3,3,14,25, CLOSE)
Stoch (5,3,3)
ADX and DI (14,20)
