Your New Nasdaq Idea Could Draw Serious Attention As Q2 Revenue Reporting Looms
Full Report Arrives 9:30AM EST Tomorrow
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Have you been paying attention to what's in the news recently?
Pe-nn Nat-ional announced their plans to scoop up Score Media and Gaming for approximately $2Bn.
That's a chunk of change, wouldn't you say? And did you see what was announced Monday?
DraftKings Inc. announced that they have entered into a definitive agreement to acquire Golden Nugget Online Gaming at a value of approximately $1.56Bn.
With so much money flying around, shouldn't you be looking for an online gaming related company with a ton of potential upside?
Good news for you; I've been keeping a close eye on another gaming company that has a market cap roughly 1/3 of Score Media and Gaming, and less than half of Golden Nugget Online Gaming.
At 9:30AM EST Wednesday, you'll receive the complete report on this new Nasdaq idea.
To help you prepare, I've highlighted 3 potential catalysts that could fuel this profile to a possible vertical surge near term.
Top 3 Potential Catalysts - New Wednesday Nasdaq Profile
#1. This company has an upcoming Q2 revenue announcement. After reporting growth of year-over-year Q1 2021 vs Q2 2020 revenue in excess of 300%, this upcoming reporting could draw major attention across the markets.
#2. Trending up the charts over the past few weeks, this profile had a solid day Monday and is now trading over several lines of potential support in its (at close):
- 5-Day Simple Moving Average (SMA)
- 20-Day SMA
- 5-Day Exponential Moving Average (EMA)
- 13-Day EMA
With potential support building at these levels, this profile could be entering serious breakout territory.
#3. The company recently announced a partnership with a key U.S. institution. As this news continues to circulate, all eyes could soon be on this company and transform it into a household name near term.
While you've got some time now, I suggest doing this to prepare for any follow-up info on this Nasdaq idea: