If you focused "only" on the technicals/charts/trend aspect with a stock that had higher volume, then that might hold some value. Heck, the spread on this at times has been so wide you could drive a truck through it. Trades so thin, a $10k buy/sell can move the stock 20% to 30%. Thin is very good though.
This is an RM trade, and RM traders don't buy RMs based solely on trend charts because charts don't matter when Merger is announced. If a filing, or some sort of significant news/announcement comes out today, or whatever day, then AXMP will rocket. There won't be time to buy shares based on charts. But hey, you can ride the trend with the rest of the herd for a fraction of the return. again, AXMP trades thinly.
The 2018 filings in my last post are very important, and has given us some good clues that JA has now likely found a Merger candidate. These filings have now accelerated the timeline. The old 2015 information in the ibox is irrelevant, and confuses newcomers. And Joe owns 100m shares of this one. He ain’t gonna drop in a little company. He finally has the perfect candidate. Gonna be big, and gonna run like NUGS$ PENNIES to $7++.
Joe can close on more than one merger deal at same time too. CYP$ may, or may not happen before this.
Charts won't matter when Merger candidate is announced. Could be any day, at any hour. JA stocks usually gap up upon announcements and if you don't already have shares, then you're left chasing with the herd. imo
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