We might be getting close to positive breakout number 2 for PSWS in a few days. This is a rough sketch of the new flag.
It might happen before the apex that I'm predicting here, but it should happen and then continue on another run.
This stock remains very active and could be a great short-term play.
I picked up SFOR recently. I don't know much about this stock at all, other than the technical indicators. There's a lot of volatility on this stock. It's definitely "alive" and in play.
There is a potential breakout coming at the apex I have indicated by the green lines. There could be a few more oscillations on this over the next few days before it breaks out. Depending on what the MACD and stochastics tell us, it could break out for the positive or take a dive.
I'll be keeping close watch on this and we'll check back to see if this breakout prediction comes to pass.
PSWS looks like it is forming a solid flag formation with a base that is easily predictable.
The MACD is still downtrending and wide open. Once the trend lines cross and both head upward, it could be a good point to jump in.
It looks like a new base will form somewhere on the yellow highlight that I have drawin in. Once it lands on that base, if all the indicators continue this trend, we should see the next big breakout and the start of a new flag formation.
Depending on whether or not this is a "real" company with legitimate news, it might be one to hold until the end of several flag formations.
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