Trade Setup
Integrated Ventures, Inc. engages in the digital currency mining operations. The company manufactures equipment; and sells mining rigs, as well as develops blockchain software. As of June 30, 2020, it owned and operated approximately 925 miners that mine bitcoin, litecoin, and ethereum. The company is based in Huntingdon Valley, Pennsylvania.
Stocks found in this category are low priced stocks priced between .50 and $5, with at least 50k shares of average shares trading per day. The stocks are pausing a trend either up or down, with a new bar over the prior day open or close. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the prior day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro.
