Long Kraken Robotics PNG.V as Wave 5 unfoldsHere triangle is going to end its formation very soon and a break to the upside is expected to unfold the green wave 5.
Triangle is a type of correction that always precedes the final movement in the larger trend.
If assume that wave 5 will be the same length (as waves 1 and 3 are equal in length), the price will go above 6 CAD.
PNG trade ideas
Military Contract gamble.So currently its hyped up due to just the way the market is. All penny stocks are up atleast 100%.
1.) From my observation most plateau at around 1000%. So this can pop on that theory alone.
2.) But his one have another potential to pop, once it release PR for a significant military contract.
Good to leave a small sum in hopes for a huge pop, IMO.
Cheers and trade with a leveled head.