Massive volume yesterday! That would have gotten traders/investors attention with scans and alerts going off!. I felt like CI1 was under the radar for some time. Bought back in and repositioned at 2.9c. Backtesting the 38% fib retrace at 2.8c support. 3.1c now the new resistance. There is strong primary support at 2.4c, I wouldn't mind if it dropped and retest 2.4c to pick up some more at those levels which was a period of accumulation. TBH I can't really see this happening, I expect some sideways action within this current range.
CI1 is really primed for 2021 with the acquisition of YOZO which compliments CTH and as I mentioned makes them a fully vertically integrated financial provider leveraging off fintech.
Already turning a profit and distributed dividends to shareholders, I am really looking forward to the next quarterly to see how much of an impact Chapter Two contributes to the financials.
I have been very impressed with the professionalism from CI1 compared to other penny stocks I have jumped into and will continue to accumulate at these levels.
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- Ann: CI1 Acquires Fintech YOZO Finance
Ann: CI1 Acquires Fintech YOZO Finance, page-91
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