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ANTE Penny Stock Alert

Long
NASDAQ:ANTE   AirNet Technology Inc.
PENNY STOCK ALERT
$ANTE - AirNet Technology Inc. - American Depositary Shares, each representing ten ordin Status Alert: Deficient
Initial Alert Price: $2.54
Potential Price: $3.27
Potential Gains: 29%
Stop Loss Limit: $2.41


ANTE is consolidating from a $3.86 Breakout and a Double-Top finding some strong volume support on the $2.50 Price Levels. Looking for consolidation to complete and an entry into ANTE to retest the $3.27 on a nice 25-30% Swing Trade. This comes after the company announced the following:

ANTE has entered into an investment agreement with Unistar Group Holdings Ltd., an unaffiliated party of the Company. The Company has agreed to issue 23,876,308 ordinary shares with a par value of US$0.001 per share, or approximately 19 % of the Company's currently outstanding ordinary shares, to Unistar, in exchange for the delivery and transfer by Unistar to the Company of 500 computer servers specifically designed for mining cryptocurrencies. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today

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