Sunday, December 31, 2017 9:37:33 AM
My prediction for 2018. I believe that $CAPC will end 2018 between $0.75 and $1.00 for a 44% to 92% one year gain.
For potential buyers I'd say the timing couldn't be better. Below I explain why.
In the 1st chart below notice the clear upward trending Channel Pattern and notice how the volume has increased markedly in the last 9 months indicating increased interest in the stock. Interest will increase in 2018.
A Channel Pattern is a very good thing. Makes it easy for potential buyers to decide "when".
Important here - The pps is sitting on the supporting line established nearly 3 years ago .i.e., our "when". The support has held and is consistent and meaning this is the safe time to buy. You know - "Buy the Support. Sell the Resistance"
Potential rise to $.90 before it tests the top resistance line.
Below is what is the underlying driver. This driver could become even more powerful in 2018....and beyond. $60m in 2018?
Recent CAPC News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:55:51 PM
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