Longterm Play For Sharp Corporation? (SHCAY)
I've been watching this one for a while and am highly interested based off the technicals.
We have been pretty stable in price action around the previous all time low, which also resulted in a large move to the upside.
To me this looks like an accumulation play on a double bottom major support.
I am accumulating for a very long term trade, with also buys eyed at the 2.30 lows for more accumulation.
Pennystocks I like to do 1-3% of working capital in OTC markets.
We have been pretty stable in price action around the previous all time low, which also resulted in a large move to the upside.
To me this looks like an accumulation play on a double bottom major support.
I am accumulating for a very long term trade, with also buys eyed at the 2.30 lows for more accumulation.
Pennystocks I like to do 1-3% of working capital in OTC markets.
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