This New Nasdaq Idea Could Breakout Bound Backed By Bullish Technicals And Analyst Coverage
New Report Arrives 9:30AM EST Tomorrow
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Strap in. This could get wild once again...
I've uncovered a new Nasdaq profile that could be breakout bound in the short-term.
Remember, it was only last week that I brought a Nasdaq idea in VUZI to your attention. On Wednesday, it opened at $5.65 and ran to a high of $9.25 by Friday.
That surge resulted in a solid breakout of approximately 63%. Not bad.
Now, it's time to look forward to a new breakout idea. Your full report arrives at 9:30AM EST Tuesday.
Here's what you need to know ahead of time:
Top 3 Potential Driver Indicators For Your New Nasdaq Profile
#1. Analyst coverage is strong on this Nasdaq idea. From Friday's close, there is at least one price target over 100% higher than current trading levels.
#2. This profile is trading over 3 lines of potential support as of Monday AM: 50-Day Simple Moving Average, 200-Day Simple Moving Average, 13-Day Exponential Moving Average
#3. According to Barchart, this profile has multiple triggered bullish technicals that could be signaling an upcoming move to the vertical side.
Before tomorrow morning, do this: