Locafy Limited (LCFY) Needs Top Spot On Your Watch-list (Nasdaq Morning Update)
This morning we alerted you to research Locafy Limited (LCFY).
Here's what's transpired since.
Brought to your attention at approximately $.60 in pre-market, it was able to reach a high of approximately $.83 before the opening bell.
That move resulted in LCFY running approximately 38%.
Part of the attention coming LCFY's way came from the company dropping game-changing news.
Another part came as a potential squeeze was underway after LCFY moved above its 200-Day Simple Moving Average (SMA).
This happened after it moved above both its 50-Day SMA and 13-Day Exponential Moving Average in recent sessions.
With Yahoo Finance reporting LCFY to have a float under 14Mn shares, volatility could keep this Nasdaq profile popping today.
Keep it at the top of your watch-list.