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Wednesday, April 06, 2022 2:36:13 PM
$PQEFF: Bull Trend identified by a series of successive higher highs and higher lows
At this moment, PQEFF is trading above 3 key lines of potential support:
50-Day Simple Moving Average
100-Day Simple Moving Average
200-Day Simple Moving Average
As you can see above (chart), higher HIGHS, higher LOWS, A bull trend is identified by a series of rallies where each rally exceeds the highest point of the previous rally. The decline between rallies ends above the lowest point of the previous decline. A series of successive higher highs and higher lows.
RSI just broke above 50 (58.57). A movement above 50 indicates that more traders are buying the asset than selling, and are driving the price up.
CCI 95.69 A basic CCI strategy is used to track the CCI for movement above +100, which generates buy signals. When the CCI moves above +100 on your longer-term chart, this indicates an upward trend
BARCHART is reporting PQEFF as a “STRONG BUY” based on overall technical indicators https://www.barchart.com/stocks/quotes/PQEFF/overview
According to the OTC Markets, PQEFF has 87M float..
Why a low float is that important? It’s important on one crucial level. Volatility.
With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term.
After the company has released a few press releases recently that could start generating some serious attention, this past champ could be on the verge of making another vertical surge.
The more potential support builds up, the more possibility for a vertical move up.
https://www.247pennystocks.com/2022/04/06/pqeff-bull-trend-identified-by-a-series-of-successive-higher-highs-and-higher-lows/
At this moment, PQEFF is trading above 3 key lines of potential support:
50-Day Simple Moving Average
100-Day Simple Moving Average
200-Day Simple Moving Average
As you can see above (chart), higher HIGHS, higher LOWS, A bull trend is identified by a series of rallies where each rally exceeds the highest point of the previous rally. The decline between rallies ends above the lowest point of the previous decline. A series of successive higher highs and higher lows.
RSI just broke above 50 (58.57). A movement above 50 indicates that more traders are buying the asset than selling, and are driving the price up.
CCI 95.69 A basic CCI strategy is used to track the CCI for movement above +100, which generates buy signals. When the CCI moves above +100 on your longer-term chart, this indicates an upward trend
BARCHART is reporting PQEFF as a “STRONG BUY” based on overall technical indicators https://www.barchart.com/stocks/quotes/PQEFF/overview
According to the OTC Markets, PQEFF has 87M float..
Why a low float is that important? It’s important on one crucial level. Volatility.
With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term.
After the company has released a few press releases recently that could start generating some serious attention, this past champ could be on the verge of making another vertical surge.
The more potential support builds up, the more possibility for a vertical move up.
https://www.247pennystocks.com/2022/04/06/pqeff-bull-trend-identified-by-a-series-of-successive-higher-highs-and-higher-lows/
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