SPONF Update: Trending Green Early, This Past Champ Could Be Heating Up This AM
(US: SPONF) (CSE: SPO)
SPONF is off to a solid green start today. Could this be the start of an even bigger move? Here's why you need to pay close attention to this past champ...
In the past two weeks, the company has released two major updates. Check them out:
7/27/21 - SponsorsOne's Smithville Distillery - Spirits Collection Available Online from Retailer, Great American Craft Spirits
7/19/21 - SponsorsOne Announces Doc Wylder's Infused Lemonade is Available at Costco in Record Time
From a technical standpoint, SPONF could be trading above 4 lines of potential support in its:
- 5-Day Simple Moving Average
- 20-Day Simple Moving Average
- 5-Day Exponential Moving Average
- 13-Day Exponential Moving Average
If potential support begins to build at these levels, it could be the spark to lift SPONF towards previous highs.
And, as we know, this profile was trading as high as $.11 earlier this year.
Now, I'm not saying SPONF is going to surge to that level today, but you need to be aware of the potential upside this past champ is packing.
Take a moment to go through my initial report and get SPONF on your radar this AM.
Let's get to it because we have a lot to go over.
I've been watching a specific past champ closely and it's time to get it back on your radar ASAP.
In 2021 so far, I've alerted this profile only to watch it go on approximately 600% in combined moves.
Delivered to your inbox on the morning of January 11th at 9:30AM EST, this profile opened that session at $.007.
By the time January 26th came around just over 2 weeks later, it had climbed to an outrageous high of $.0318.
That short term surge resulted in an astonishing breakout of approximately 354%.
Brought again to your attention for the morning of February 17th, it opened at $.0295 before climbing to a high of $.11 by February 19th.
Overall, that new run produced a move of approximately 272%.
Now, do to its disruptive advertising model, multi-channel distribution network, and tons of recent major news announcements, I want you to turn your full attention again to this past champ for Thursday, July 29th:
SponsorsOne Inc. (OTC: SPONF)
And, SPONF has several potential catalysts to know now with one of the most important being its HUGE Costco news last week:
The No. 1 SPONF Potential Catalyst
SponsorsOne Announces Doc Wylder's Infused Lemonade is Available at Costco in Record Time
Doc Wylder's conceived in January 2021, and now in July is on the shelves of major retailers
WATERLOO, ON / ACCESSWIRE / July 19, 2021 / SponsorsOne Inc., (CSE:SPO)(Frankfurt:5SO)(OTC PINK:SPONF), [...], is pleased to announce that four of Costco's most influential locations for alcohol sales in the Las Vegas area are carrying the Doc Wylder's mixed 12 packs. Costco is widely known as the leading retailer for alcohol sales worldwide and Costco has seen exceptional growth with Ready to Drink ("RTD") products.