Could This Nasdaq Past Champ Be Geared Up For A Healthy Reversal Near Term? Key Technicals Appear Oversold
Next Report Arrives At 7:00PM EST Tonight
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Hard at work today, I came across a special idea for tomorrow's opening bell.
At 7:00PM EST tonight, the full Nasdaq report arrives.
This isn't the first time I've brought this idea to your attention, and let me tell you, the last time I did it popped off.
Moving approximately 24% in the span of a couple days, this profile hit the ground running.
Pretty cool stuff when you consider how much red has been in the markets recently.
And really cool when you factor in several of my big champs over the past couple months (all runs approximate intraday/short term):
- 6/7's profile blasted 19%
- 6/1's profile moved 12%
- 5/26's profile ran 15%
- 5/24's profile surged 76%
- 5/10's profile exploded 194%
- 5/4's profile shot 38%
- 5/3's profile blazed 89%
Don't forget last week's profile either. Brought to your attention on Wednesday evening after closing at $.96, this profile climbed to a $1.25 high the following morning during pre-market and after the opening bell.
That run resulted in my latest champ running approximately 30% in a blink.
Right now I've put together a little taste of what's coming in the complete report later. Chew on this for the time being...
3 Potential Breakout Catalysts - Important Must-Know Details For This Past Champ Nasdaq Profile
#1. With fewer than 15Mn shares in its float, volatility could start cooking at any moment for this profile.
#2. Oversold leaning technicals. With 9-Day and 14-Day Relative Strength Indices below 35%, this profile could be nearing a healthy reversal/bounce near term.
#3. An explosive chart history. With an assortment of major double-digit intraday surges on its 6-month chart, this profile has repeatedly shown the ability to erupt in a vertical nature.
Could its next big move be right around the corner?
Since you've got a minute now, do this: