$Pedevco(PED)$I like what I see, chart is lookingvery beautiful and Pedevco seems to be building up for a bullish move! The first picture that uses Tiger's 'similar candlesticks' feature suggests a squeeze up to $2 levels, and the last time I used the 'similar candelsticks' feature, Tiger's prediction proved to be accurate with $Hycroft Mining Holding Corporation(HYMC)$as an example, as the prediction suggested a strong bullish move to $3 levels which eventually happened!
2nd picture shows Tiger's technical analysis which also suggests a volatile rising trend and a smallrebound in the decline trend as well! These technical points suggest a bullish move, and given my observations of the chart for pedevco and it's stability in the past few days, it has rebounded from1.19 and hasn't gone below that price after its jump to $2+ levels, so in my observation Pedevco has achieved stability at $1.19 - $1.30 levels and seems to be a good price to enter Pedevco.
In light of recent earnings, $0.02 per share isn't really a nice sight however as we look at their total revenues in the third picture we are able to gainsome assurance looking at their cash flow, cash in hand, total income and total revenue comparing 2020/FY and 2021/FY, an almost 100% increase gives us some confidence to invest in this company. If it were to go on track and continue doingwell I can guarantee it to earn more in the coming year and be more successful in the future, given that we are stepping out of COVID restrictions slowly it should be helpful as well!
However things to take note is that this is entirely my opinion and my view of how I see Pedevco Corp., so these are the things I feel might happenand my predictions as well, which cannot be accurate at all given the U.S. Market and the heavy ongoing manipulations to bring down stock prices due to inflation and the rise in interest rates, therefore its advisable not to take into account my post blindly, but on top of it do your own DD and enter with caution, of course putting in an amount that you wouldn't be worried about if you were to lose it, unless you're willing to risk it by putting inhuge stakes!
To conclude, I would like to tell all of y'all, please invest carefully and play safely, happy investing and all the best to my dear Tigers đ đŻâźď¸
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