Could This Low Float Tech Company Become A Major Breakout Candidate? Key Technicals Turn Bullish
Full Report Arrives Today At 7:30PM EST
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Okay. Let's catch our breath for a second because the past 7 days have been nuts.
After seeing 4 different individual alerts run approximately 69% combined last week, we hit the ground running with another breakout idea to kick this week off.
On Monday morning, our NYSE American profile caught fire on the heels of breaking news.
Running from an open of $10.32, it surged approximately $3.00+ intraday to a new 52-week high of $13.89.
It then picked up the pace again to run to a newer 52-week high Tuesday of $14.30.
Overall, that two-day blast resulted in Monday's profile rocketing approximately 38% in the blink of an eye.
Not bad, but let's keep the good times rolling.
Eyeballing a handful of potential breakout ideas, I've come across an under-the-radar profile deserving your complete attention for Wednesday's opening bell.
At 7:30PM EST tonight, the complete report arrives.
To give you a little something to chew on ahead of time, I've compiled 3 key details to know before the report drops.
Check them out:
New Breakout Idea - 3 Potential Breakout Catalysts Right Now
#1. This is a low float profile. Like many of my previous breakout champs over the past month, this profile has a small float meaning volatility could rear its head in a moment's notice.
Right now, there are fewer than 25Mn shares in its float according to at least 1 website.
#2. At close on Monday, this profile had at least 8 different triggered technical indicators in the short, medium, and long term over at Barchart.
Could this be a signal of things to come for this profile?
#3. A recent acquisition could turn out to be a significant game-changer for this company. They believe that this acquisition could be a serious revenue driver and also stimulate growth for the company moving forward.
When time permits, do this: