CSSI is a Digital currency company.
“DAT” is the systemic foundation to what is now known as “Digital Currency”. DC has taken the world by storm and created a new class of asset. Quite simply, the world economy has evolved from gold and silver as the only accepted form of payment to paper currency and now DC has started to weave itself into the fabric of our global economy.
The public generally associates DC with the market’s preferred digital coin, Bitcoin. Bitcoin and it’s peers, have fascinating properties that Costas Inc., strongly believes will accelerate the speed at which a store of value can move regionally and globally. Decentralized currency without borders is now a viable option for consumers. Digital Currencies and the institutions that bridge the gap between merchants, consumers and investors stand to grow in value exponentially as investment floods into the space.
There are very few opportunities in the realm of DC available to investors through public markets. Investment in the space, to most, is out of reach beyond purchasing DC coins. Costas intends to create a portfolio of diverse DC businesses under it’s umbrella.
COSTAS INC closed up 0.050 at 0.220. Volume was 194% above average (trending) and Bollinger Bands were 41% narrower than normal.
Open High Low Close Volume___
0.200 0.280 0.198 0.220 42,808
Technical Outlook
Short Term: Bullish
Intermediate Term: Bullish
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
Summary
COSTAS INC gapped up (bullish) on heavy volume. Possibility of a Breakaway Gap which usually signifies the beginning of a major market move. Four types of price gaps exist – Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance.
COSTAS INC Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume into CSSI.PK (Bullish). Our trend forecasting oscillators are currently Bullish on CSSI.PK and have had this outlook for the last 2 periods.