New Low Float Breakout Idea (GTHR) Surges Out Of The Opening Bell, Up Approximately 90%
Holy Toledo! GTHR is off to the races this morning.
Currently up approximately 90%, could GTHR just be getting warmed up?
Remember, this profile has a 52-week high of $.47 when it exploded back in April during a single day.
And, another key thing to make a note of is this profile's low float. According to the OTC Markets website, GTHR has a float of 6.2Mn shares.
With today's early move, GTHR is now trading above several key lines including its:
- 5-Day Simple Moving Average (SMA)
- 20-Day SMA
- 50-Day SMA
- 100-Day SMA
- 200-Day SMA
- 5-Day Exponential Moving Average (EMA)
- 13-Day EMA
Take a moment now and read the complete GTHR report below and get this profile on your radar quickly.
The opening bell just went off so we need to dive in quick.
I've got a new profile to bring to your attention this morning and you need to get it on your radar quickly.
For today, biotech company GeneThera, Inc. (GTHR) requires immediate attention. Here's why...
Back in June, I brought you another biotech profile in (JAN).
Let me tell you, that bad boy rocketed like a missile.
Surging approximately $4.00+ in the blinking of an eye from June 21st to the 22nd, JAN quickly became the talk of the town.
But, Why Was It Capable Of That Surge?
One major reason: a low float.
And, just like that breakout star, GTHR also has a low float.
According to the OTCMarkets website, GTHR has a float of approximately 6.2Mn shares.
With low floats like this, profiles can be susceptible to potential volatility. Volatility can lead to quick moves up the charts just like we saw in JAN two months ago.
And you know what, this profile has demonstrated huge breakout potential. Look no further than April 6th of 2021. Check it out: