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$Pedevco(PED)$This is a textbook example of a bullish breakout pattern!! The volume seems good and intraday trading has been going well for the past 2 weeks of this stock since it’s first breakout to $2.42, and in my opinion, we’re merely few days away from the next breakout, I predict a $3 target, then the shorties will start to borrow shares as the price inches towards $3 and bring the stock down. And perhaps there could possiblybe another jump to $5, all lies in the hands of buyers vs. shorties, as the shorties don’t let the price rise after a certain target price is reached. Firstly, these price targets I’m mentioning are based on Will Meade’s tweets regarding Pedevco, furthermore the fact that the CEO internally bought $500K worth of shares is another reason to believe that a big move is about to happen (perhaps anacquisition of some sort). Moreover, it’s an oil related stock and the oil prices have been rising past few days which explains the rise in the stock price. I have entered at 2.16, and strongly believe that this stock will make it to $3 soon, and hopefully there is resistance strong enough to push the stock beyond $3!! 

Do note: All these positive factors doesn’t necessarily mean that the stock can be effected in a positive way (bullish move), as can be seen from an exampleof DATS, which was supposed to go to $20 according to Will Meade, however their short report news brought it down, and upon finding out wrong news, the stock still couldn’t make it back to its original target price, so to sum it up, shorties are our main enemies and we must beware of them!! We could defeat them by trapping them in their shorts, which is if we all could gather more than enough people to buy this stock, just like AMC, and pump it up to $5 plus, then we all can get $$$$RICH while shorties will cry!

I believe we can all do this together, let’s gather many more people and have some fun guys!! 

Happy investing ‼️