$POWW : How Close Can Be Bottom in Ammo Incorporated?
@Elliottwave_Forecast：
$POWW : How Close Can Be Bottom in Ammo Incorporated?December 26, 2022ByEWF Helgi Ammo Incorporated is an U.S. American defense company producing high-quality ammunition. The company owns STREAK (R), HyperClean and military ammunition technologies. Headquartered in Scottsdale, Arizona, USA, Ammo can be traded under the ticker $POWW at Nasdaq. In thearticle from October 2021, we have expected a 3rd swing within a correction from June 2021 to see a reaction from 4.18-1.86 area. Indeed, the reaction has taken place in May 2022 from the blue box area. However, it has failed below June 2021 lows. Now, we see $POWW trading below May 2022. Here, we provide an update and discuss whether the bottom is near. Ammo Monthly Elliott Wave Analysis 12.26.2022 The monthly chart below shows t