TRACKX HOLDINGS INC Sets All-Time Low; Strong Momentum for Sellers

 TRACKX HOLDINGS INC Sets All Time Low; Strong Momentum for Sellers

The stock of TRACKX HOLDINGS INC (CVE:TKX) reached all time low today, Dec, 1 and still has $0.30 target or 7.00% below today’s $0.32 share price. This indicates more downside for the $12.35M company. This technical setup was reported by Barchart.com. If the $0.30 PT is reached, the company will be worth $864,500 less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 113,101 shares traded hands or 36.88% up from the average. TRACKX HOLDINGS INC (CVE:TKX) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.

More important recent TRACKX HOLDINGS INC (CVE:TKX) news were published by: Marketwired.com which released: “TrackX Holdings Inc.: Reverse Takeover Completed” on May 26, 2016, also Marketwatch.com published article titled: “TrackX Holdings Inc.”, Marketwired.com published: “TrackX to Present at RAI$E at the STAMPEDE Investor Conference, July 6-7” on June 29, 2016. More interesting news about TRACKX HOLDINGS INC (CVE:TKX) was released by: Marketwired.com and their article: “TrackX Hires Chief Operating Officer” with publication date: October 18, 2016.

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