#PENGU/USDT
Entry:
Entry: $0.01369
DCA: $0.01288
Targets:
Target 1: $0.01480
Target 2: $0.01577
Target 3: $0.01690
Stop Loss:
4H close below $0.01200
Why this trade?
PENGU is showing recovery signs after a recent flush
Price is trading above the 4H 50 SMA and 50 EMA — both are bullish signals
BY Technical CRYPTO Analyst
That strategy is the acquisition of a value-priced company by a growth company. Using the growth company's higher-priced stock for the acquisition can produce outsized revenue and earnings growth. Even better is the use of cash, particularly in a growth period when financial aggressiveness is accepted and even positively viewed.he key public rationale behind this strategy is synergy - the 1+1=3 view. In many cases, synergy does occur and is valuable. However, in other cases, particularly as the strategy gains popularity, it doesn't. Joining two different organizations, workforces and cultures is a challenge. Simply putting two separate organizations together necessarily creates disruptions and conflicts that can undermine both operations.
Telegram is riding high, adding tens of million of users this year. Now the bill is coming due.Telegram is one of the few significant social-media challengers to Facebook Inc., FB -1.90% on a trajectory toward one billion users active each month by the end of 2022, up from roughly 550 million today.
Technical CRYPTO Analyst from sg