Canaan Active Buys and Bullish Signals
I'm seeing a lot of large active buys now that $Canaan (CAN.US)$ has stabilized. Hopefully this chart is visible on a phone screen:
The indicators on the 30-minute chart are also looking rather bullish. MACD just came out of over sold territory. MACD is flattening since there hasn't been any downward momentum. KDJ is showing a nice crossover after being oversold. Last, but not least, PSY20 crossed over PSYMA6 after being relatively oversold. See indicators:
As far as charting goes, we also have a very straight-forward curling bottom, which is a classic intuitive chart pattern. Hopefully we don't see a whipsaw. Those are an unfortunate reality though when it comes to trading.
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Sthapizar : those who bought today are lucky to get into this cheap price .. i added few wanted to add more
Oneironaut88 OP Sthapizar : There you go. I checked the last low and recent high from early this morning. From the low that occured early Friday morning ($1.03) to the high that occured during premarket ($1.32), the stock climbed ~28%. The reason that people sold this morning was to take profit. That was a big run in a short period of time, especially if you've been holding the stock since 0.70.