sos 2-18The idea here is using the fib line to exit the trade as it crosses the 12.75 line it would be looking to fall to 10.47
SOS trade ideas
Multi-day runner$sos is a low float, a multi-day, 52-week high runner coming off of a news catalyst on 2/9. It formed a nice pennant into 2/10 with a breakout now on the third green-day. I'm looking for Wednesday, February 17th's pre-market to test the new 52-week high and wedge along the lower multi-session upward consolidation, and the higher multi-year consolidation range of 13.5 to 14.7. Breakout to test the resistance of 15.35 being the 9-day atr.
Best,
SOS should be on your watch listThis should be on your watchlist. They purchased 15k mining machines. If you compare this to other mining companies $MARA and $RIOT they would have a market cap twice what they have now. The target price short term is 2.618 fib level a ~99% increase.
SOS
The Stock approaches a psychological zone
keep your benifice.
and wait until it is broken to cap the 0.618 fibo. if not go on to something else
Sos to 6.15 next stopIf stock is very volatil, we do DD a lot because the reward is HIGH, so as long as bitcoin goes up, we worry not.
New machines have arrived, dilution is over = HUGE jump.
At this stage, I see 6, 8, 10
I don't know how high it can go at this moment, it all depends on bitcoin...
Imagine, sell all of your MARA and RIOT and buy the cheaper SOS...
SOS continueSOS as you know is a bitcoin and ethereum mining company so the price of those two assets will influence SOS a lot.
Tuesday ill be watching for a pullback to enter in to SOS and catch the next wave assuming BTC is still bullish
Bullish uptrend with resistance pointsBullish uptrend with the resistance points marked. Push through each one indicates a potential gap up.
SOS: Bullish TrendWaiting for additional data...
- Golden cross confirmed.
- RSI moving upward.
Any input welcomed.
SOS! I've been in since 2 dollars!bullish pennate with an exaggerated bull div! lets fly to the moon!
SOSI may have exited too early yesterday (still at a profit)
Putting in a half position to stay in the game.
Just an idea
$SOS Blockchain PlaySOS Limited (NYSE:SOS) stock is up more than 70% from yesterday with 2 specific catalyst :
1. SOS stock was up in trading on Tuesday, Feb. 9 after receiving 5,000 cryptocurrency mining computers ahead of the scheduled delivery date. This is part of the company’s wider plans in blockchain and cryptocurrency, part of which includes capturing “the rising cryptocurrency price.
2. The company also announced on Tuesday the exercise of nearly 24 million American Depository Shares (ADSs) for gross proceeds of approximately $48 million. The company said proceeds from that offering would go to developing the cryptocurrency segment of the business, plus working capital and general corporate use.
These SOS-specific catalysts come against a background of increased investing interest in cryptocurrencies, both from large-scale institutional players and from individual retail investors.
investorplace.com
Watch out for this company. Today i saw my option play on this company up almost 800 percent, but did not sell as i think this company can go higher. Volume is up and RSI is heading up in the overbought territory. MACD is widening green. They just announced a direct offering for 110 million dollars at the time of writing this. They intend to use the proceeds to develop there recently launched cryptocurrency mining and security insurance business. With bitcoin heading up i expect this to reach prices similar to RIOT and MARA which are bitcoin miners. Maybe not as high but somewhere close to those prices. LONG term bullish on SOS
Logarithmic Very Good Risk-to-Reward RatioTake profit at all time high.
Stoploss at all time low.
This are my levels.
$SOS Limited $6.00 Price target
Alert set for potential trade setup above $ 4.41
Target to the Fibonacci Golden pocket and pivot point @ $6.00
Volatile stock that is dependent on continued strength in Crypto.
Long Playlook and the news what this company is doing. Mining BTC and ETH using hydropower and expected to make 250K a day once operation is running in a few weeks. Look at MARA and Riot both were this cheap months ago. don't miss this train. Had a offering today that was NOT PUBLIC do not be fooled. Volume picking up very good. options moving around quite a bit today as well. #SO Disclaimer: This is not investment advice just my opinion
SOS Bull CaseHeld .5 On the Fib retracement. Currently on the bounce up but met resistance at Fib .618 value on the dot. Likely to see trendline bounces to $4.11 where we may see progression to the next wave.
Bull case could be made to hold 1.618 but I like to take profits with the banks, so I will begin selling around 4.15.
$SOS can rise in the next daysContextual immersion trading strategy idea.
SOS Limited, through its subsidiaries, offers fin-tech and emergency rescue services. Its fin-tech business offers decisioning technology and marketing services for consumer credit market.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,04;
stop-loss — $2,41.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Bullish on SOS Look at how the daily chart is playing out. We are slowly going up, and the MACD is looking bullish. RSI is heading up towards overbought territory and one thing to point out is the volume the past few days. Long term bullish and a long hold for me.
Chart looking bullish. MACD is looking bullish and RSI is heading up. Volume was high and expect this to go up to prior highs, and maybe reach new all time highs.
