PLFX Daily Chart ~ Months of Channeling and Accumu
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Posted On: 04/02/2017 2:08:09 PM
PLFX Daily Chart ~ Months of Channeling and Accumulation About to Come to an End
My Investors Hangout MVP pick for the month is PLFX. Although delayed for months, I believe the stock is ready for some major upside. Fundamentally, there hasn't been much to share outside of the recent partnership announced with Augmented Reality. PLFX is without a doubt the leader in Digital Human technology. Filings, 8Ks, and multiple, major releases are pending. Last year in March, the stock ran from the .40s to over $3.60 on the announcement that Simon Fuller has joined the PLFX team. He is also the company's largest shareholder.
On the chart below, one can see the months of basing at the .50-.60s level after a lengthy decline from the highs of March 2016. Upon the long awaiting material events, imo the stock should run very quickly and strongly back to those levels of a year ago. Obviously, this type of move would result only on stong material news. As the stock begins to move higher, I'll post charts from a technical viewpoint, although this is a stock I'll be holding for a very long time. There are too many big boys ( check the website: www.pulse.co ) and do some homework on the Pulse Evolution Team and their backgrounds. GLTA
Augmented Reality Video:
https://www.youtube.com/watch?v=09vxKN1zLNI
My Investors Hangout MVP pick for the month is PLFX. Although delayed for months, I believe the stock is ready for some major upside. Fundamentally, there hasn't been much to share outside of the recent partnership announced with Augmented Reality. PLFX is without a doubt the leader in Digital Human technology. Filings, 8Ks, and multiple, major releases are pending. Last year in March, the stock ran from the .40s to over $3.60 on the announcement that Simon Fuller has joined the PLFX team. He is also the company's largest shareholder.
On the chart below, one can see the months of basing at the .50-.60s level after a lengthy decline from the highs of March 2016. Upon the long awaiting material events, imo the stock should run very quickly and strongly back to those levels of a year ago. Obviously, this type of move would result only on stong material news. As the stock begins to move higher, I'll post charts from a technical viewpoint, although this is a stock I'll be holding for a very long time. There are too many big boys ( check the website: www.pulse.co ) and do some homework on the Pulse Evolution Team and their backgrounds. GLTA
Augmented Reality Video:
https://www.youtube.com/watch?v=09vxKN1zLNI
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