A Reversal for Patriot One Technologies Inc Is Not Near. The Stock Reaches 52-Week High Today

 A Reversal for Patriot One Technologies Inc Is Not Near. The Stock Reaches 52 Week High Today

The stock of Patriot One Technologies Inc (CVE:PAT) hit a new 52-week high and has $2.70 target or 125.00% above today’s $1.20 share price. The 5 months bullish chart indicates low risk for the $12.64M company. The 1-year high was reported on Nov, 14 by Barchart.com. If the $2.70 price target is reached, the company will be worth $15.80M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 688,990 shares traded hands or 5865.80% up from the average. Patriot One Technologies Inc (CVE:PAT) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.

More notable recent Patriot One Technologies Inc (CVE:PAT) news were published by: Marketwired.com which released: “Patriot One Technologies Inc. (formerly Clear Mountain Resources Corp.) closes …” on November 11, 2016, also Business.Financialpost.com with their article: “Podcast: Patriot One Technologies Inc. CEO Martin Cronin on new threat …” published on October 06, 2016, Business.Financialpost.com published: “Patriot One Technologies launches new weapons detection system at police …” on October 17, 2016. More interesting news about Patriot One Technologies Inc (CVE:PAT) were released by: Marketwired.com and their article: “Patriot One Detection Ltd. to Attend International Association of Chiefs of …” published on October 11, 2016 as well as Stockhouse.com‘s news article titled: “IIROC Trade Halt – Patriot One Technologies Inc.” with publication date: January 13, 2016.

Patriot One Technologies Inc., formerly Clear Mountain Resources Corp., is a junior mineral resource exploration company. The company has a market cap of $12.64 million. The Firm is engaged in the identification, evaluation and acquisition of mineral properties and the subsequent exploration and operation thereof, including seeking joint venture partners to assist with exploration funding. It currently has negative earnings. The Firm focuses on new business opportunities and/or financing new business ventures in the mineral resource industry.

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