Writing this up very quickly as we prepare for the open.
This setup looks outstanding.
Aqua Metals, Inc. engages in the recycling of lead, lithium primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was incorporated in 2014 and is headquartered in Reno, Nevada.
Basically, this company recycles the...
In that second Part i will highlight the similarities between NIO and AQMS.
Compare the two ellipses with each other and you can see how they are equal and see the steep increase Nio had.
The increase from the low at 2.16 USD was 29.5 fold (!!!) up to the Top.
Taking that into account for Aqua Metals would mean a Top around 36 USD.
The fundamental drivers...
AQMS just reported positive earnings.
The forming wedge is the most notable breakout indication, In my opinion.
However this also supports my idea that now is the time to act.
52 week range is $8 - $1.20
current price is reaching the low end.
I think you could go very long term and 5X or better.
I think you could get 50% to double your money in the next...
Aqua Metals had a superior run, after the Crash with the burned Lead refining factory they got lots of support from their insurance company to build up again
and to come along with their patent system on their 99,99% lead recycling patent.
Got contracts in India via Patent and now acquired a new company with their Patent to recycle Lithium batteries/akkus...
-Weekly RSI, Stoch and MACD look ready to roll
-Daily price still bouncing off the 50MA support line, but not breaking out of triangle either.
-Need to bring more volume in, get a license deal/partnership with someone in the States, or any kind of good news from their upcoming Investor webcast if we want the price to really move.
-This is a long long hold for me...
RSI, MACD, and STOCH look ready to go running
Price is forming a nice little base for launch
Company will be breaking even soon
Just a matter of some PR or license deal, partnership etc...
Weekly SMA 20/40 as support
OBV > OBV40
Entry 3.3
Stop 2.0
Target 7
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
$AQMS Sustainability and green energy penny stock with very low debt and a 9 month cash-burn runway. Technical setup looking great for a swing. Will be looking for $5.
DISCLAIMER
This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. There is absolutely no financial advice here because the only financial advice I can give is to research, research, and research. The purpose of this analysis is to serve as an example of an investigation into a company's background,...
TICKER CODE: AQMS
Company Name: Aqua Metals, Inc.
Industry: Industrials | Waste Management | USA
Technical Analysis
1. Large Pennant Pattern
2. Pennant / Flag Completed
3. Fibonacci Retracement at 0.786 (Silver Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
5. RSI oversold
Entry: Now Ready (3.00-3.20)
1st Take...
As of the most recent earnings, AQMS for the first time ever reached positive COH balance of ~$65m. Meaning that their R&D for their Aqua refining machinery is complete and have a finished and working product ready to be mass produced. The chart indicates that it is bouncing support and if it continues to rise we see that it will fight to break through resistance...
Aqua Metals, Inc. engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. The company was incorporated in 2014 and is headquartered in McCarran, Nevada.
I have been pretty bullish on $AQMS and the 10.98 price target still stands. It does not risk leaving the picthfork (yet), but today it hit my bottom channel line. The 1 week sentiment looks bearish and I am surprised because it was looking like a full on bull as it jumped to 6.5. If the EMAs return to normal and it finds footing around 6.1 I could see lift off...
Looking into this company they have just tested there way of processing lead into ready to use briquette for battery recycling. They claim that this new process of recycling lead will save companies money and make recycling batteries faster. Chart looks good but MACD is closing green and wouldn't be surprised to see a small pullback. SMA lines look like a railroad...
