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Today's Breakout Profile (CIRX) Is Currently Up An Approximate 85%, Key Details Now
October 12th
Good Morning,
CIRX is making moves early today.
Currently up an approximate 85%, CIRX has stormed the opening bell and appears to be in full breakout mode.
With a high of $.099 so far, CIRX has now hit a level it hasn't seen since April of 2020.
Could more be on the way?
Remember, CIRX has a low float which provides the potential for extreme volatility.
If you haven't read my initial report on CIRX below, do so quickly and get it on your radar now.
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The markets are open and there is only one profile to have on your radar this morning:
CirTran Corporation (CIRX)
Founded in 1993, CirTran has evolved from its roots in electronics contract manufacturing to become a manufacturer and worldwide distributor of products for the lifestyle and entertainment marketplace.
Right now, there are 3 potential catalysts you need to know about this breakout idea.
Your No. 1 CIRX Potential Catalyst
CIRX has a low, low float.
According to the Yahoo Finance website, CIRX has a float in the 4.26Mn shares range.
This is incredibly small. It's also incredibly similar in size to one of my more recent breakouts in ALTD that had a float of 5.55Mn shares and ran approximately 239% intraday.
With a small float can come potential volatility in the short-term.
Your No. 2 CIRX Potential Catalyst
An exclusive agreement signed earlier this year to manufacture and distribute products could become a major catalyst for the company.
Click this link for all the key details: CirTran HQ Moves to Las Vegas, ‘Heart of Global Market for its Products’
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Your No. 3 CIRX Potential Catalyst
CIRX has previously been a breakout star earlier this year.
Originally when I brought CIRX to your attention, it went on a stunning intraday run.
Alerted on April 16th, CIRX opened at $.045 and ran to a high of $.20 for an approximate intraday surge of 344%.
On top of that, CIRX's 6-month chart shows the potential for major double-digit and even triple-digit intraday surges.
Once again, it's important to take note of CIRX's low float of approximately 4.26Mn shares.
Could CIRX's next big short-term breakout start today?
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More About CirTran Corporation (CIRX)
From The Company Website:
Founded in 1993, CirTran has evolved from its roots in electronics contract manufacturing to become a manufacturer and worldwide distributor of products for the lifestyle and entertainment marketplace. CirTran is an established global company with a diversified expertise in manufacturing, marketing, distribution and technology.
CirTran has an innovative and consumer-focused approach to brand portfolio management, resting on a strong understanding of consumers domestically and has an established footprint into more than 50 key international markets.
