Meso Numismatics Inc (MSSV)

[TripTrap]

$$ The Daily and Weekly PNOW charts $$

Both the daily and Weekly PNOW charts are starting to give us some interesting insights into where PNOW is headed in the near future.

Daily PNOW chart:

A quick glance at the daily chart you can see PNOW has been trading in a tight channel between .0001 - .0003 for over a year now. You can see price closed this past Friday at the top of that channel at .0003. Notice that the 50 day ema is at its' highest point since Oct 12th of 2017 even though price still remains in the channel. Notice the large spikes in volume that occurred around Feb 16th, April 10th, May 22nd and most recently July 3rd last week. At the bottom of the chart look at the On Balance Volume Indicator (OBV) breaking into new 52 weeks highs even though price has not.

Weekly PNOW chart:

A quick glance at the weekly chart you can again see the large spikes in volume that occurred around Feb 16th, April 10th, May 22nd and most recently July 3rd last week. These are the largest spikes in over a year. What is interesting to me is this past week was the first time price has closed up above the 50 week ema since the week of Jan 19th 2015, more than 3 1/2 years ago!!! Also the weekly chart confirms the OBV moving into new highs even though price is still in it's channel.

Clearly price action and indicators are pointing higher for PNOW. From looking at the OBV breaking into new highs, the large spikes in volume and the 50 day ema at its' highest point in 9 months but price is still in its channel, it appears someone or some group is accumulating PNOW.

So what fundamental event would push us up out of the long sideways channel? The company is expecting any day now to announce the news of audited financials (almost unheard of for a sub-penny stock). Since changing its business model the company has made money every quarter for the last year and a half. This next quarter we could see a huge jump in revenues from what they have said about their inventory on their website. (Keep in mind that PNOW's inventory is MONEY) We are also expecting news for a new numismatics app for Apple iPhone users. Also if we get any kind of news out about a company share buyback plan this stock could go ballistic.

Might be a fun summer for PNOW! Do your own DD before trading!! Anything could happen as this is a sub-penny stock. I like what I am seeing though on both the daily and weekly PNOW charts.