Hannover House Inc (HHSE)

[aCryptoKing]

CHART UPDATE with comparative indicator analysis:



I didn't review the conditions of the last Golden Cross.

But you can see from the Chart

Data Analysis:
May 15-22 2017
RSI: 93
Price: $.0607
ADX: 67
(DI+) 65
(DI-) .74
Accum/Dist: 595,425,000

Currently
July 22, 2021
RSI: 65
Price: $.0250
ADX: 40
(DI+) 32
(DI-) 8
Accum/Dist: 857,366,140

So nearly every indicator is substantially lower than the Golden Cross move from May 15-22nd. Except for one: Accumulation is higher. By nearly 44%. There is a 44% INCREASE in ACCUMULATION since the previous Golden Cross in 2017. Which makes one wonder. If the Golden Cross that may be forming now on this stock, actually experiences the same height in its indicators.... Watch out!

The current indicators are significantly lower than the PREVIOUS Golden Cross Peak.

Peak vs Current
RSI: 93 - 65 = 28
Price: $.0607 - $.025 = $.0357
ADX: 67 - 40 = 27
(DI+) 65 - 32 = 33
(DI-) .74 - |8| = 7.26
Accum/Dist: 595,425,000 - |857,366,140| = 261,941,140

The PERCENTAGES for each indicator, based on current:
RSI 28 = 43% more upside to reach previous high
ADX: 27 = 67.5% upside
(DI+) 33 = 96.9% upside
(DI-) 7.26 = 90.75% 'upside'
Accum/Dist: 43.99% HIGHER than previous START of Golden Cross

So with a higher accumulation than before (& after) the last Golden Cross. And with indicators that have not yet approached their previous highs. How far can this go? The closest indicator to the previous Golden Cross run is 43% belonging to the RSI. In other words, The RSI would have to go up another ~43% to reach the previous high during the LAST Golden Cross. The ADX has 67.5% upside. DI+ nearly 97% more upside, DI- has nearly 91% 'upside' (in quotes because the DI- would be going DOWN lower in conditions that favor longs) & the ACCUMULATION going into this chart set-up is ALREADY 44% HIGHER than the last time HHSE formed a Golden Cross.


I think the key here is dilution & tightly held shares. Because the chart shows more upside. If the company continues its' policy, and does not dilute, & shareholders continue to hold: Then we've already seen that the MM short-interest trend is working IN FAVOR of long-term shareholders. Lots of if's but I suppose what happens next strongly depends on what longs do with their shares. I have no idea if they are all green, slightly or substantially underwater (more incentivized to hold for higher gains). It is a very interesting situation & quite unusual for an OTC penny stock. Most are diluted to the high heavens. Give shorts every reason to short every one. Because there will ALWAYS be more shares with which to cover. Doesn't look like that's the case here.