Reversal Watch: This Nasdaq Past Champ Has 3 Potential Catalysts That Could Fuel A Vertical Chart Move Near Term
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We've got a minute, so let's break down last week's breakout star, DATS.
DATS moved from an open of $2.46 to a high of $3.82 Tuesday for a crazy sized $1.00+ breakout.
That incredible intraday surge resulted in a run of approximately 55%.
But here's the thing, DATS wasn't done by a long shot.
On Thursday, it kept cooking as it blazed its way to a high of $4.14.
From $2.46 to $4.14, DATS turned into a stunner that ran approximately 68%.
Not bad for just a couple of days...
That said, it's a new week with new opportunities.
At 9:30AM EST Monday, I've got a new report to bring you on a past champ Nasdaq profile.
On multiple occasions, this profile has made $1.00+ moves after my alerts and could be lined up for another possible breakout due to these 3 potential breakout catalysts.
Here's what you need to know:
Past Champ Nasdaq Idea - 3 Potential Breakout Catalysts To Know Now
#1. Key technical indicators are leaning towards oversold areas. Could a possible healthy reversal be in the cards for this past champ after a recent downtrend? You'll want to watch closely.
#2. Huge revenue news. A recent revenue announcement could act as a major potential catalyst moving forwards and draw attention from Wall Street's biggest players.
#3. Recent distribution news could also act as a big potential catalyst in the near future. With this new distributor in action, it may just be a matter of time until this company becomes a household name.
Since you've got a moment now, do this: