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Technical

Technical analysis on KATXDrawing to the close of its custodianship, Kat Exploration Inc (OTC: KATX) has been building on anticipation for the termination of its custodianship – currently schedule for May 11th. Following the release of its quarterly and annual reports, KATX stock saw a roughly 458% run over two weeks. Now, investors are waiting on impending merger news for this clean shell. KATX stock is currently trading at $.0058 – near its resistance at .006. Meanwhile it shows a support at .005 and a secondary support at .0045. The MACD is bullish while the RSI moves up from 51.08. Accumulation has been holding steady following KATX’s run up. Given its impending catalyst, bullish investors could potentially add shares near $.005 as anticipation builds for the custodianship termination on May 11th. But KATX stock is likely one to watch beyond that for news of its merger. With a market cap of $10.4 million, the stock could be cheap at these levels depending on the merging company.
OTC:KATX
by Penny_Stocks_Today
BitCoke Token, the bottom is here and may get 20% pumpBitCoke token COKE is a new comer in the field of platform token. As the native token of BitCoke, like other competing exchange tokens, it functions as an utility token, whose holders exclusively receive a set of benefits and privileges. Despite growing adoption cases and user numbers, COKE price has gone through a dramatic fall since the end of previous launchpad IEO. The close to 50% plunge may be attribute to a couple of reasons, like the weak broad crypto market, high inflation, interest hike from Fed, and so forth. Specifically, once the launchpad subscription ended, the locked COKE tokens become circulating, resulting in high selling pressure on the price. This week, the price has appered to bottom around $0.8 - 0.9 range as we multiple lower-wick bars, indicting possible strong demand from the buy side. Even though the price movement over the last 2 weeks looks volatile and disorganized, the overall strucutre looks like a parallel channel in 4 hour timeframe. From the technical standpoint, this is a bullish sigal and the price will eventually break out somewhere at the channel. Besides, one must keep in mind that BitCoke, like most exchanges, have launchpad platform for new token funding. As a rule of thumb, in order to subscribe the new token, its users are required to commit COKE to get allocation. This create buying pressure when the next IEO project comes. With that said, I expect COKE will manage to hold the $0.8-0.9 range even if the general market turns south. When the consolidation is over, the COKE price is very possible to soar to $1-1.2, to say the least. Long COKE is very safe play and you can set up stop losses below in case the situation doesn't go as planned. Be aware that this piece of analysis is NOT financial advice. Always do your own research in crypto investment.
CLong
by EricCaodd
XAUUSD, WHILE BELOW 1915 STILL BEARISH TO TARGET 1889 & 1877XAUUSD reversed and turned to neutral after broke 1948. Then, quickly turned to bearish after broke 1915. As I said in the previous idea, "But, if Break below 1915, outlook bearish , open the way to target 1889 & 1877." Now, XAUUSD still heading to 1889 & 1877. Strong Support 1877, if break then cancel medium term bullish: medium term outlook neutral. Break Below 1877, could open the way to target 1853 & 1818. Resistance at 1915 & 1948.
FX_IDC:XAUUSDShort
by Wahyu_Luck
Netflix clear path going forward In a nutshell for the non- analyst out there : I see a clear move down in Netflix fallowed by a correction and than a final move down. For the wave analyst: This is a clear wave A to the downside in 5 waves , now being in the 5th wave. After the completion of this move down, a correction Wave B will follow and then the final move C down usually equal in length with the first Wave A but much shallower , and not that steep as this wave A. Disclosure: I am not an investor in Netflix, this is my analysis and does not constitute financial advice. What's your take on $NFLX ?
NASDAQ:NFLX
by WavesInvesting