Wish me luck guys I'm slapping the buy on Color Star Technology. π
This is what we would call a knife catch, similar to how I played New Gold Inc. & GoPro which both led to over 220% in gains in the last 2 months! π°π°π°
You notice as we are zoomed out that we are hitting off of major support in search of a pop up, previously it sits up 21.54%.
50 cents is a key level and I will show you why below β¬οΈ
This is what we would call a knife catch, similar to how I played New Gold Inc. & GoPro which both led to over 220% in gains in the last 2 months! π°π°π°
You notice as we are zoomed out that we are hitting off of major support in search of a pop up, previously it sits up 21.54%.
50 cents is a key level and I will show you why below β¬οΈ
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So the green line is long term support and that we have made a double bottom formation
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Pre market is sitting at 54 cents meanings it currently above the red downward Resistance line
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The next major key to pass will be 67-70 cents
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Remember to diversify if you play pennystocks and not to go all in like a degenerate
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It will all come down to how much volume wants to kick in