InvestorsHub Logo
Followers 555
Posts 2241
Boards Moderated 1
Alias Born 12/27/2000

Re: None

Sunday, 01/08/2023 1:54:12 PM

Sunday, January 08, 2023 1:54:12 PM

Post# of 29984
Good afternoon and Happy New Year,

Coming out of a R/M just over a year is a real plus. Share Structure is attractive and appears the momentum is favorable for current traders.
However, the pullback is in a pivot point for either direction, break may come in the next couple of days to the end of week.

Profit takers were in control and maintains a wait-and-see mindset.

Overall, I like this company and the timing is high with the Climate Change folks and the $ amount going into ventures is real globally. A positive Plus!

I would like to see at least another 6 collaborations for company bragging rights. This must be achieved.

The Share Structure currently is well within a company on a New Path (R/M 2021) but must be watched. To succeed, much needed capital expansion is going to dictate the direction on the swelling of the O/S. This can be a negative, but currently not an issue.

SO! Look for a consolidation and my prognosis for averaging in or first entry is between .04 - .05+. The test below .06- will come tomorrow for a serious entry for first time buyers, watch it and any indication on volume precedes lower low around .05.

Watch the volume and over the daily average of 10m means a strong indication of a breakout on both sides. Average volume under 10m is status quo. The momentum players were the leaders in this last couple of weeks. These players have taken profit, this is positive for the next leg up. Company PR department must continue for constructed messaging.

Have a good day and see you on trading floor tomorrow.
varok
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CLNV News