StockWireNews

Breakout Watch: (SLNH) Is Surging Green First Thing (Trending Above 4 Key Technical Chart Lines)

December 11th

Greetings Readers,

SLNH is off to a hot start this morning.

Trading above at least 4 key technical lines on its chart, SLNH is currently green and making moves.

If psychological resistance breaks down at the $4.00 level, it could be beneficial in providing SLNH with a spark to return to previous highs.

Also, don't forget. And this is huge...

SLNH has a tiny float of fewer than 2Mn shares according to Yahoo Finance.

That means volatility could turn SLNH into an explosive scenario in the blink of an eye.

Drop everything and get SLNH on your radar before it's too late.

-----

Let's get something straight right now.

B-T-C is on a tear...

At the time of writing, it was up approximately 165% year to date!

In the last month alone it's up over 20%.

That's wild!

And it's why I want to point your attention to a little-known Nasdaq idea flying below Wall Street's radar.

Building modular, scalable data centers for computing intensive, batchable applications such as Bit-coin mining, AI, and machine learning, this company converts excess renewable energy into global computing resources.

But that's not the main thing I want you to focus on right now...

The main reason, above all others, is a recent st-ock split that has significantly reduced the amount of this profile's available shares.

With the move, an incredibly small amount of shares (under 2Mn) makes this a low float idea where volatility needs to be on watch.

It could also be why this profile was able to pull off a full 2X move during the month of November:

After pulling back slightly from that serious run, now may be the perfect time to get this Nasdaq tech profile on radar.

With the potential for volatility showing how explosive this new breakout idea can be in the short term, it's time to drop everything right now and pull up:

*Soluna Holdings, Inc. (SLNH)*

Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources.

The company's long-term strategy is to dominate a few relatively small niche markets (Bit-coin mining, GPU cloud, etc.) by offering a truly zero-carbon cloud to a variety of end markets that are currently not served by data centers.

3 Important Potential Catalysts To Know For SLNH Right Now!

#1. Low float volatility potential (under 2Mn shares).

#2. Q3 revenue popped off with growth over 175%.

#3. A market opportunity of gargantuan proportions.

We're talking about a $120+Bn market opportunity...

And recently, the company announced some must-see corporate highlights:

Ancillary Services Adds More Revenue and Lowers Power Cost – Soluna registered for ERCOT’s Demand Response Program establishing the company as a key contributor to intelligent and flexible energy solutions, promoting environmental and economic advantages for Texas. Soluna will be able to make over $10/MWh in additional revenue to Project Dorothy providing this grid resilience support and potentially reduce its power costs below $20/MWh, making it among the lowest cost players in the industry.

Strong Q3 Results – The company financial results for the third quarter ended September 30, 2023, including a 176% increase in revenue and operating pro-fit milestone.

Pivotal Noteholder Amendment – Third Amendment of October Notes completed to allow early payoff of convertible notes.

Hosting diversification – New hosting customers signed and deployed at Project Sophie.

Advisory Board – Establishes Advisory Board, taps AI and data center leadership. Expands pipeline of new candidates with AI expertise.

-----

But beyond all of those impressive achievements, there is one key tidbit of information to focus on this second.

Check it out:

This news may have flown under-the-radar to this point, but needs to be signaled-out immediately.

Yahoo Finance is currently reporting SLNH to have roughly 1.22Mn shares in its float.

Why is this important? One word: Volatility.

When a profile has a float this small, volatility can create an environment for explosive intraday and short term chart moves.

In fact, this type of volatility potential could be why SLNH was able to move over $2.00+ short term (2X run) recently...

Now, that isn't to say that SLNH will return to any previous highs, but with this type of chart-proven explosive potential, this low float Nasdaq idea requires full focus going into this week.

-----

3 Important Potential Catalysts To Know For SLNH Right Now!

#1. Low float volatility potential (under 2Mn shares).

#2. Q3 revenue popped off with growth over 175%.

#3. A market opportunity of gargantuan proportions ($120+Bn).

-----

Coverage is officially initiated on Soluna Holdings, Inc. (SLNH).

When updates become available, they'll be in your hands quickly. Talk again soon.

Sincerely,

Kai Parker

StockWireNews

Company Website. Company Presentation.

(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)