This NYSE American Breakout Idea Is A Low Float Profile With Multiple Triggered Technical Indicators (Read Now)
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We've got a lot to go over, so dig in... It's about to get loud.
This week's breakout idea (SQL) did just that: break out.
From an open of $.84 on Tuesday, SQL climbed to a high of $1.12 Wednesday.
That resulted in SQL surging approximately 33% after my alert.
Not bad, but this new idea could be even bigger.
Why? Simple. It's operating within a market that was tabbed at creating over $148Bn in sales as far back as 2018 with specific analysts seeing considerable market growth in the years ahead.
At 9:30AM EST Thursday, I'll reveal the company name and symbol of this NYSE American profile in a full report.
Meanwhile, chew on these 3 potential catalysts to give you an idea of how undervalued this new idea may be.
New NYSE American Profile: These 3 Potential Catalysts Could Spark Something Big
#1. This company has been on the offensive so far in 2022 reaching important, forward-thinking agreements and making multiple headlines regarding acquisition related, game-changing moves.
Trust me. Read that again.
#2. Barchart is hot to trot on this breakout idea. In fact, it has around 10 triggered technical indicators over the short, medium, and long term as of noon EST Wednesday.
Could these signal a certain confidence in continued growth for this profile after a green surge in the recent term?
#3. This is yet another low float idea. Very much like SQL, this week's breakout runner of approximately 33%, this new profile has a low float that Yahoo Finance is reporting to be fewer than 25Mn shares.
Volatility will be a must watch starting at tomorrow's opening bell.
Do this now: