3309 Drysdale Ct
Edwardsville, IL 62025
A2Z Technologies is a Canadian Corp. HQ is in
Vancouver, Canada, either for tax, funding or security issues?
Cdn listing provides access to US markets planned Nasdaq listing
it appears. It used a numbered company to acquire the shares of A2Z
Israel (a private company) in 2019,
Business revenue appears to be mostly from sales in Israel; I
would be more worried about increasing losses and dilution of stock
than the company HQ location.
SEDAR lin for A2Z registration
A2Z HQ Location Link
Let me clarify - AAZZF is based in ISRAEL (not Canada)
with it's primary listing in Canada. However, I expect that to
change shortly with listing on the Nasdaq. Your analysis is
quite rudimentary looking simply at trailing numbers without any
consideration of what really matters and that's projected sales and
earnings. This is still an early stage company but the
reason the stock has moved up is due to their disruptive
technologies. Dilution is part of any early stage company's
growth via funding which was recently completed at $2.72 CDN - the
stock has made nice percentage gain but if it's not your type of
investment then simply avoid. One important note, with
early stage companies one should preform a much deeper analysis
than simply reviewing past financial statements as proper due
diligence requires a much deeper evaluation (few are willing/able
to put in that type of work). Only then can you make a truly
informed decision. When the stock setup on the charts we
presented it as a technical play and it provided a darn nice gain.
Trade YOUR PLAN
In response to a statement/question below, the company has
developed other proprietary technologies which you can examine at
their corporate website. One thing for certain, the stock has
certainly performed better than most of the highly touted SPAC's
this year. Take some profits into nice moves.
Thanks for the all the great info Steve and Matt! Where do you
see support as AAZZF is taking over a 10% correction here?
Well, actually a bit volatile! When I initially looked it was
10% Seems to be settling down. Thanks again!
again first and foremost remember this is a long term play, will
take years to play out fully. Decide your time horizon and
strategy. Steve for example who probably has a few hundred
thousand shares will sell 10K or 20K shares on that up move,
selling portions, while keeping his core. Then buy back on
pullbacks, that's his style.
Short term technicals remain what I said on Monday and
yesterday, the 4 area is resistance and a place for consolidation
and that is exactly what has happened so far. The hope is for some
sort of bull flag to setup on this consolidation. The 9 EMA is
first support. It has the potential to form a cup and handle if the
pullback is not too deep here
news wise in the short term I'd expect this to move off the OTC
to the Nasdaq sometime soon maybe over the next month
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