It's times like these, with volatility in the market, when going back to the WHY is so important. Have fundamentals changed? No. Is the business model and strategy moving forward? Yes. Is this still a potential game changer in the industry? BIG yes! The only challenge we face right now is timing. When to enter as an investor. When to accumulate if we're already in. when to switch off our share price notifications and come back in 12 months! I just keep remembering the example of the big guns, like Apple and Amazon, that would lose crazy percentages on share price over their early years of adoption.
The good news (I hope) for Jaxsta, is that the golden cross has been hit! I'm definitely no charting wizard and a complete rookie, but three days ago (Wednesday I think) the golden cross hit and tends to indicate the beginning phase of a bullish uptrend for the stock. The death cross was hit in December last year which started the bearish downtrend that happened. So even if we have another few weeks/months of uncertainty, it might be that a bullish period lays ahead for "little old" Jaxsta! (definitely check out golden cross on google for better understanding as I'm still in Kindergarten with this stuff ha). The timing of the API deals due to be announced before Christmas would definitely help encourage this upward trend too so could be perfect timing!
GLTAH and as always DYOR (it's fun)
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10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $111.1M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $35.60K | 352.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 241513 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 30237 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 241513 | 0.100 |
1 | 5000 | 0.099 |
1 | 100000 | 0.098 |
1 | 100000 | 0.097 |
2 | 110000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 10000 | 1 |
0.110 | 91001 | 1 |
0.115 | 111653 | 3 |
0.120 | 307541 | 4 |
0.125 | 150000 | 1 |
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