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Re: None

Wednesday, 01/17/2024 1:17:03 PM

Wednesday, January 17, 2024 1:17:03 PM

Post# of 24435
Technically, $sdch is starting to look much better. Following the high-volune December blowout, where the stock traded below 2 cents, the stock has crossed the 50-day MA, and its now marching towards the 200-day. TA is far less reliable with the penny stocks, but it can still be useful. Keep in mind that most buyers are in North of .18 cents so I wouldn't expect to see significant sell volume until that level of potential resistance.

Positive developments:

The majority of warrant holders tendered their warrants.

The Board added two heavyweights
(I would imagine one of the two gentlemen will be selected as the new Chairman, following the annual mtg)
Nick Hnatiw will also join the Board - a sure sign of his commitment to this company.

Potential catalysts:

Major contracts for Enclave
Partnerships
DoD contracts
Cash infusion from big tech
M&A activity within cyber
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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