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| Promoter: | ExplosiveOTC | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| MCTC | No compensation | UNKNOWN |
| Max Profit: 300.00 % | Gain at close: 58.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
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Hi and good morning,
We’ve had a great couple of weeks, so let’s close this one out with a bang. As this is a morning play announcement we are going to jump right into today’s profile:
Today’s new play is
Microchannel Tech (MCTC)
MCTC Quote and Analysis
Website: www.microchannel-technologies.com
Currently a subbie at just .0035, MCTC’s chart has several bullish indicators:
Short Term Indicators Exponential Moving Average: Very Bullish Moving Average Convergence/Divergence: Very Bullish 7 - Day Average Directional Indicator: Green 10 - 8 Day Moving Average Hilo Channel: Green 20 Day Moving Average vs Price: Green
Medium Term Indicators Exponential Moving Average: Very Bullish Moving Average Convergence/Divergence: Very Bullish Relative Strength Index: Very Bullish Three - Day Displaced Moving Average: Bullish Fibonacci: Bullish
As we speak the Recent CandleStick Analysis is also “Very Bullish”.
Barchart is giving the short-term chart a 60% Green.
StockTA has it as an “Overall: Bullish” and also lists several levels of support and only slight resistance… all at .01 or higher!
The Relative Strength Index (RSI) analysis has just generated a “bull cross” alert, which could indicate a run is underway.
At .0035 MCTC is slightly above its 52-week low of .0026, yet has plenty of room between its current level and the year’s high of .0095. This company has seen some very large moves in the past and there could be significant upside potential.
We are focused on MCTC today mostly due to the chart and its indicators. Currently, operations information has been difficult to verify.
According to the Company’s website, Microchannel Technologies and its associated companies provided clients with all the facilities needed to create a global business presence.
MCTC offered a broad range of services available to international companies and Asian corporations wishing to market throughout Asia and in other locations Worldwide. Services included:
Operations extended to Asia, which can be seen on MCTC’s “far east” website:
www.microchannelfareast.com
At one time the Company’s services appear to have been vast and far reaching, yet the current climate for operations is difficult to estimate.
The most recent filing states, “We are not currently engaged in any business operations. We are, however, in the process of attempting to identify, locate, and if warranted, acquire new commercial opportunities.”
The Company is up to date with its filings and appears to be in good standing with the OTC as it is currently listed as, “OTC Pink Current Information.”
As stated above, what we are focusing on in today’s profile is the chart and its indicators.
Currently at .0035 there could be a significant upside.
Considering the 52-week range, there is a significant difference from low to high. Currently sitting near the year’s low there could be room for a bounce.
Get started on your research right away. It is important that you realize the highly speculative nature of this situation.
Remember, we always encourage you to do further research. Never take our word for it, read our disclaimer to see why, and of course always consult a professional.
Just because a situation looks great things can still go wrong and often do. Be smart and protect yourself.
Enjoy your morning,
Exp
Our full disclaimer is to be read and fully understood before using our site, or joining our email list. By viewing our website and/or reading our email newsletter you are agreeing to our full disclaimer which can be read at: www.explosiveotc.com/disclaimer.php The information contained on our website or in any of our newsletters is for informational purposes only, and is not intended to be advice, nor a recommendation and/or guidance for inves(tment and/or fina)ncial decisions. In preparing our publications, we rely upon publicly available information including press releases, which we believe to be reliable, but have not verified. Our web site and our newsletter are services of Market 365, a media, marketing and ad firm that is engaged in the business of profiling companies for mone(tary comp(ensation. All direct and third party compensation received has been disclosed in our newsletter and/or our website in accordance with section 1 7 ( b ) of the Securities Act of 1 9 3 3. We have not been compensated for this profile. We have not been compensated for the mention of MCTC or any other public company that may be discussed in this profile. We do not own any shares or hold any positions in MCTC or any other public company mentioned in this email. |
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