First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

Industrials Conglomerates

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 ledrogon Aug 14, 2013 2:39am

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Post# 21668569

AAA heading toward a leaden cross....

Not there yet, but the 50 DMA is getting periously close to dropping below the 200, if that happens I think you could see technical traders rushing for the exits. I'm not HUGE on TA, with penny stocks its not as reliable in my experience (nothing is 100%)...but at the same time I think its not wise to ignore it either.

Of course it was just mid july when the so called 'golden cross' of the 50 OVER the 200 happened...before the potash world (we are told) ended.

I'm cautiously optimistic about the money I''ve put in pla here, but I'll be even more bullish is the PPS can somehow climb over the 50 cent mark and get those Moving Averages going in the right direction.

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