Replies to post #67315 on NaturalShrimp Inc (SHMP)

[LiveLife]

Chart Review: SHMP formed "Ascending Channel" - Bullish Trend


This is very good point as the new CEO can breath fresh/different life into the future of SHMP.

nsomniyak - "I would add that the recent management change at the top signals that SHMP is now going to be a BUSINESS as opposed to a long-running biology experiment."


Ascending Channel: An ascending channel is the price action contained between upward sloping parallel lines. Higher highs and higher lows characterize this price pattern. Technical analysts construct an ascending channel by drawing a lower trend line that connects the swing lows, and an upper channel line that joins the swing highs - https://www.investopedia.com/terms/a/ascendingchannel.asp

Here's 3 week chart posted on Swing Trading board - https://investorshub.advfn.com/Swing-Trading-Model-36395/



And 7 month chart showing Run #3 in progress - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150773758