For most people, mobile messaging consists of two platforms: Facebook and WhatsApp. Collectively, over 2.5 billion people use one of these two platforms. In some markets the two apps hold over 90% market share.
This dominance has led to alternative messaging communities which look to be the opposite of Facebook.
Telegram and Signal were both founded with strong pro-encryption ideals, and regularly attack Facebook for its commercialization of messaging.
But what if I told you, I've uncovered a new Nasdaq profile that is looking to put their own twist on the message app space with privacy being one of its key cornerstones?
At 9:30AM EST Tuesday, you receive the complete report.
To help prepare you for what's to come, I've put together a handful of potential catalysts that could spark this Nasdaq profile near term.
New Breakout Nasdaq Idea - 3 Key Potential Catalysts
#1. This is a low float idea. According to Yahoo Finance, this profile has fewer than 20Mn shares in its float.
This means that potential volatility can rear its head on a daily basis.
#2. At close on Friday, this profile had several oversold leaning technical indicators that could be signaling a healthy reversal right around the corner.
With a 9-Day and 14-Day Relative Strength Index both below 35%, this profile may be undervalued from current levels.
#3. A recent hire could prove to be a game-changer for the company. With experience at different blue chip companies along with a specific skill-set that could lead this profile ahead of its competition, it'll be interesting to see how quickly this new hire helps shape the future of this company.
Since you've got a little time now, do this: