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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp
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Post by superstar1976on Sep 05, 2012 9:54am
188 Views
Post# 20318882

TA on AAA...

TA on AAA...

so yesterdays failure to break or touch 0.69 (200DMA) I believe is significant technically short term.  The SP had a news catalyst and still couldn't do it.  Combine that with the overal markets looking quite exhausted, and I think short term is down.   Of course, a key support level is first 0.59, and after that is 0.57.  Breaks 0.57 (bottom BB band) and you could see 0.53 fairly quick.  You also have a negative divergence  on the MACD.

That seems to be the most probably case.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities