First Tidal Acquisition Corp T.AAA

Filter the noise...some TA analysis.

[superstar1976]

While others pump and bash, you really have to filter through all that and do your DD. There will definitely be a mine and it will take time, but a lot can happen in between particularly as a full Feasibility study will be completed in the next 4 months. Some will say TA doesn't matter, but it works and while not perfect, gives you an edge when deciding where things are going. I posted this last night, but will post again for the board benefit this morning. This is what I see for AAA this week.

To the upside, AAA is budding up against the upper BB band and a breach of this could see a major spike (see beginning of May and 3rd week of July for similar example. The MACD is making a positive divergence. We have a green line on the Elder Impulse system, and if you look back at the last 4 months, on all but one occasion this lead to additional upside in the subsequent days afterwards. RSI is only at 59, so this suggests there is plenty of room to run before this can be considered overbought. Volume on Friday exceeded the recent average by a fair bit, with positive price action. Candles suggest a buy is confirmed also: https://americanbulls.com/StockPage.asp?CompanyTicker=AAA&MarketTicker=TSE&TYP=S

To the downside, break of 0.57 will lead to 0.54, the lower BB. Also, although the MACD is showing a positive divergence, it is still in negative territory (barely though), so caution is needed.

All in all, the upside case is far more convincing. I'll be a buyer again Monday Morning right at the opening.

This weeks target is the 200 MA at 0.73.