Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 30.02 ✨ It means if you risk here 100$ you may make 3002$ Not bad, huh?
IT Tech Packaging, Inc. produces and distributes paper products in the People's Republic of China. The company offers corrugating medium papers companies making corrugating cardboards; and offset printing papers to printing companies. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper...
$ITP had a huge earnings beat. Earnings are great catalyst for a stock to rally especially after being beat down for a while. I'm long and will stop out with a close below the low of.33
ITP long b/c wedge and looks manipulated from previous spikes
They seem to already have permission and be building the first. If true then this seems pretty undervalued. www.prnewswire.com
I like the most recent candle's test of both the 200 SMA and the 1 fibonacci level. Also the RSI is curling up. It's also well bellow the 6 month POC line which is .80 cents. I think this price offers a low risk entry. First target .80, second target .99 cents
IT Tech Packaging Inc. .. Bought 1,000 ITP @$0.7730 Target $3.30 Date Jan 3, 2022 (Short Term) Buy limit 1,000 ITP @$0.5500 Target $10.00 Date Aug 1, 2023 (Long Term) IT Tech Packaging Inc . is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes Company website:...
I told myself no more Chinese stock and now look at me. You gotta be crazy to pass up these prices. Easy flip. PT: $2.5.
IT Tech Packaging Inc... Bought 1,000 ITP @$0.7730 Target $10.00 Date Aug 1, 2023 IT Tech Packaging Inc. is a leading paper manufacturer in North China. Using recycled paper as its primary raw material, the company produces and distributes Company website: www.itpackaging.cn IT Tech Packaging, Inc ITP Q4 2019 Results: youtu.be
Bullish Pennant, awaiting confirmation Pros: Descending volume during formation Volume at break out Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 Cons: 200MA flat Target: PT = 1.89$ Thank you to those who donate Coins! Stay Humble, have fun, make money!
This is the weekly view of ITP. With a float of less than 25 million shares, and around 25% of them short, this chart looks primed for a short squeeze. Today, volume was about 5x the recent average, and was close to double the overall float. Based on the weekly chart, the next level of significant resistance is around $1.50/share. The stock closed at the highs of...
This one is a bit of a gamble but it has a lot of bullish pressure, it's broke the upper bollinger band twice. It could push above $0.90. With a short stop loss there isn't much to lose and a lot to gain. going LONG
Potential gain: +75% Reward/Risk:2.5 Timeframe :1-4wks I always try to present the charts in a simple comprehensive format to prevent any confusion. This is just my technical view, neither a fundamental comment,nor a recommendation to trade..! Don't forget to like, comment, and Follow to encourage me to continue this. You can even send TradingView coins to...
HIgh volatility wing entry, be very carefull. Low funds play Strong support, the risk ratio from a support perspective its great but the actual risk on the trade is very high Now if it breaks support, its a short, dont doubt it Just a thought...some merger talk....coming from partnership with siemens....early info.