carbon8ed

Inverse H&S on the Verde Agritech weekly chart targets $1.00

Viés de alta
OTC:AMHPF   None
The weekly chart of Verde Agritech is showing an inverse head and shoulders pattern that appears to have completed. A breakout from the current level (~$0.57) will confirm the pattern. The distance from the head to the neckline is $0.43, so the target of this chart pattern is $1.00. Fundamentals are supportive in that the company is establishing itself as a domestic supplier of potash to the Brazilian agricultural market and is steadily growing production and revenues. The product has been shown to be highly effective for coffee, soybeans and other crops while also being less damaging to the soil.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.