Bullish Technicals And Strong Analyst Coverage Are Only 2 Reasons You Need This Nasdaq Tech Idea On Radar
New Report Arrives 9:30AM EST Tomorrow
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It's Tuesday and the markets are open, so I won't take up too much of your time.
Here's the deal... Tomorrow at 9:30AM EST, I'm brining you a new idea to put at the top of your watch-list.
This emerging Nasdaq tech profile is a past champ that has proven on multiple occasions to make strong short-term breakouts throughout 2020.
Could its next major move be right around the corner?
Several potential driver indicators/catalysts could signal that this profile could be breakout bound again in the short-term. Here's what you need to know:
Top Potential Driver Indicators For This Nasdaq Tech Idea
1. This profile is operating in what could potentially be a $50Bn+ tech market in the next few years according to multiple reputable sources.
2. Strong analyst coverage is circling this profile as multiple price targets have been reported in 2020 giving significant upside potential from current levels.
3. According to Barchart, this tech idea has multiple technicals that are triggered as bullish and could be signaling an upcoming vertical move in the short-term.
4. Additionally, while examining this profile's chart on Tuesday, I've noticed it is trading above 3 key lines of support in its 50-Day SMA, 200-Day SMA, and 13-Day EMA.
Take a moment now and do this before tomorrow's opening bell: