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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.