Could This New Nasdaq Tech Profile Become A Bounce King This Week? 3 Key Potential Catalysts Include A Low Float
Full Report Arrives 9:30AM EST Tomorrow
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It's Monday morning so let's hit the ground running.
I'm not sure how you spent your weekend, but I'll tell you I didn't sleep a wink.
Instead, I buried my head in the books looking for a new breakout idea for this coming week.
What popped up was a Nasdaq profile that might be nothing short of truly hidden gem trading under $1.00 per share.
At 9:30AM EST tomorrow, the complete report arrives.
And with this company aiming to be a disruptor in at least one global market expecting to reach $200Bn+ by 2028, you'll want to get this profile on your radar ASAP.
Ahead of the full report, here's a couple key details to start absorbing.
3 Potential Breakout Catalysts - New Nasdaq Profile Tuesday
#1. Guess what? This is another low float idea. With Yahoo Finance reporting this profile to have fewer than 13Mn shares in its float, volatility could be in the cards on a daily basis.
#2. Oversold leaning technicals could signal a potential reversal/bounce in the near term. With a 9-Day Relative Strength Index under 30% heading into Monday's session, could it just be a matter of time until this profile starts bouncing?
#3. Acquisition news. Already in 2022, the company has announced its intent to make an important acquisition that will bolster its already impressive tech standing.
Since you've got a second now, do this: