AXXA has a striking similarity with the SHMP chart
Post# of 37040
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Posted On: 06/01/2019 12:01:18 PM
AXXA has a striking similarity with the SHMP chart in the following way >
>
> Both AXXA and SHMP blasted out of Bottom Bases in NOV 2018.
>
> SHMP quickly reached a Major Top of about .05 and then had a
steep pullback to .01 then steadily moved back to .02+ By Early JAN 2019.
>
> AXXA took a little longer reaching a Major Top of about .035 in JAN 2019
then a steep pullback into March 2019 of about .0085 then has been
steadily moving back up to .019 to now MAY 2019.
>
> The point of this comparison shows IMO AXXA chart is right where SHMP
chart was in early JAN 2019 before it went on its incredible run of
.03 to .50+ in 3 to 4 weeks !!!
>
> While I don't think that exact scenario is ahead for AXXA
because the AXXA chart has taken more time to develop than the
SHMP chart did from NOV 2018 > I do think AXXA longs should be
considering a plausible scenario over the next 8 to 12 weeks where
AXXA could reach its APRIL 2018 Highs in the .15 to .30 range.
>
> This upcoming week will be a critical test to show if the above
scenario is going to play out. What we need to see is STRONG VOLUME
and a close by FRIDAY JUNE 7 above .025+ closing near the top of the
weeks trading range. The AMAZING FINS just released by AXXA showing
a current book value of $38.5M with mkt cap of only $8M and already
PROFITABLE at such an early stage should be the CATALYST to
send the stock higher in the week ahead.
>
> We also know the CEO has a barrage of Several PRs he will be
releasing in the days ahead of New Acquisitions. By the time we get
to the AUG 15 FINS report we expect the company to be showing
over $100M in ASSETS and as a result the stock price
should be MUCH MUCH HIGHER !!!
>
> Good Lock to everyone exciting days ahead.
> Full Disclosure I'm currently long 2.5M shrs AXXA.
>
> Both AXXA and SHMP blasted out of Bottom Bases in NOV 2018.
>
> SHMP quickly reached a Major Top of about .05 and then had a
steep pullback to .01 then steadily moved back to .02+ By Early JAN 2019.
>
> AXXA took a little longer reaching a Major Top of about .035 in JAN 2019
then a steep pullback into March 2019 of about .0085 then has been
steadily moving back up to .019 to now MAY 2019.
>
> The point of this comparison shows IMO AXXA chart is right where SHMP
chart was in early JAN 2019 before it went on its incredible run of
.03 to .50+ in 3 to 4 weeks !!!
>
> While I don't think that exact scenario is ahead for AXXA
because the AXXA chart has taken more time to develop than the
SHMP chart did from NOV 2018 > I do think AXXA longs should be
considering a plausible scenario over the next 8 to 12 weeks where
AXXA could reach its APRIL 2018 Highs in the .15 to .30 range.
>
> This upcoming week will be a critical test to show if the above
scenario is going to play out. What we need to see is STRONG VOLUME
and a close by FRIDAY JUNE 7 above .025+ closing near the top of the
weeks trading range. The AMAZING FINS just released by AXXA showing
a current book value of $38.5M with mkt cap of only $8M and already
PROFITABLE at such an early stage should be the CATALYST to
send the stock higher in the week ahead.
>
> We also know the CEO has a barrage of Several PRs he will be
releasing in the days ahead of New Acquisitions. By the time we get
to the AUG 15 FINS report we expect the company to be showing
over $100M in ASSETS and as a result the stock price
should be MUCH MUCH HIGHER !!!
>
> Good Lock to everyone exciting days ahead.
> Full Disclosure I'm currently long 2.5M shrs AXXA.
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