Were in a Double Bottom and a Bearish Pennant on the daily so who knows, and the chart doesn't look great either. This one is at the top of my degenerate list, pure speculation. My idea is either a big bang or a misfire. I've been buying POWW $2.50 calls expiring 1/17/25. Started off buying at $15 then $10 and now $5 per call. And sometimes no one is even selling these options when they list for .01 (actually cost $5 min) My thought is POWW could either run in the next 3 weeks or all the way up to Inauguration Day on January 20, 2025, hope to at least fill the gap at 2.46 and then get back to June 3rd high of $2.86. Most of us can figure out why it could possibly go parabolic so close to the Election. I hope for God's sake and love of country I'm actually wrong about this and pray for peace. But at the same time, as some of the corrupt powers to be say "never let a crisis go to waste"... Safe Trading Everyone!!
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