4/9/23
Greetings Readers,
It’s Easter Sunday and The Masters should have just wrapped up.
But what does that mean for us?
It means a Nasdaq breakout idea is about to put you back on the clock when my complete report arrives at 9:15AM EST Monday.
Here’s the thing. If you’ve been a member of Virtus Junxit over the last several months, you’ve already seen this profile.
This was a multi-dollar mover (approx.) when I brought it to your attention previously.
But right now it needs to be back on radar. Why? Glad you’re asking.
At close this past Thursday, Barchart was reporting a slew of oversold leaning technicals that signal this profile to be trading in what could be considered oversold territory.
With a 9-Day and 14-Day Relative Strength Index both below 40% going into Monday’s bell, a potential reversal/bounce could be in the mix in the near term.
So when you factor in this is a low float idea setting the stage for possible volatility at a moment’s notice, you’ll understand why this Nasdaq profile is back on alert for Monday.
Be ready for the complete report at 9:15AM EST tomorrow. Talk again soon.
Sincerely,
Virtus Junxit
