For the fun of itI know absolutely nothing about this stock or the health of this company. This is purchase is purely for fun and to see if my Demark theory is right. If so, we should see TGHI run to .0008 to .0002. for 900%+.
Side note. DO NOT attempt this trade. This is my first OTC trade and I'm testing indicators on beat up stocks. I only invested $10 and will update the idea later.
TGHI trade ideas
Strong UptrendFrom the movement of price, we can see the price already broke sideways area. After that it form triangle as manipulation pattern to trapped retailer. Once again, the price broke the triangle form with high volume telling us the movement of big trader inside this stock. the breaking point is 0.0375. The target of price movement is 0.0702.
This analysis used custom indicator. Any inquiries, please text in comment section.
TGHI: Bullish Pennant (88%) Bullish Pennant (88%)
Pros:
Volume during post formation
Descending volume during triangle formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 4
Cons:
200MA Flat
250RSU below 50
ATR flat
Target:
PT = 0.1221$
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penny stock, long term Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company develops and supplies a fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business.