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New Trade Alert: (NASDAQ: COSI)
Greetings,
Our New Pick Is Here! Get ticker **COSI** pulled up front and center on your trading screen right away and begin your research.
I’m going to keep this report short and sweet so lets jump right into it –
Key Things To Remember
- COSI has trailing twelve months Revs of $93.66M
- COSI has trailing twelve months Gross Profits of $1.42M
- COSI is currently OVERSOLD with an RSI of just 22.
- COSI is trading right near its 52 week low of .25 cents with strong support levels.
- Judging shares of COSI from its current OVERSOLD position, a strong bounce could be imminent, in our own opinion.
Chart Indicators
According to StockTA - Recent Candlestick Analysis is Very Bullish: Inverted Hammer
The Bullish Inverted Hammer according to Investopedia:
The Hammer or The Inverted Hammer
The Hammer is a bullish reversal pattern, which signals that a trade is nearing bottom in a downtrend. The body of the candle is short with a longer lower shadow which is a sign of sellers driving prices lower during the trading session, only to be followed by strong buying pressure to end the session on a higher close. Before we jump in on the bullish reversal action, however, we must confirm the upward trend by watching it closely for the next few days. The reversal must also be validated through the rise in the trading volume.
The Inverted Hammer also forms in a downtrend and represents a likely trend reversal or support. It’s identical to the Hammer except for the longer upper shadow, which indicates buying pressure after the opening price, followed by considerable selling pressure, which however wasn’t enough to bring the price down below its opening value. Again, bullish confirmation is required and it can come in the form of a long hollow candlestick or a gap up, accompanied by a heavy trading volume.
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Short-Term:
Moving Average Convergence Divergence (MACD): Very Bullish
Mid-Term:
Moving Average Convergence Divergence (MACD): Bullish
Long-Term:
Moving Average Convergence Divergence (MACD): Very Bullish
About COSI
COSI is an international fast casual restaurant company. At the heart of every Cosi® restaurant is an open-flame stone-hearth oven where the Così® signature flatbread is made from scratch throughout the day. The flatbread is made from a generations-old recipe and is part of many Così® favorites. Così® was founded on the idea that good-for-you food should be delicious. Menu items are made using fresh ingredients and distinctive sauces and spreads to create edgy flavors. The menu features made-to-order sandwiches, hand-tossed salads, bowls, breakfast wraps, melts, all natural soups, signature Squagels®, artisan flatbread pizzas, S`mores, snacks and desserts. Guests can also enjoy handcrafted beverages and a variety of coffee-based and specialty beverages.
Read more about COSI at their company website here: http://www.getcosi.com
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Start your due diligence on our Newest NASDAQ Alert **COSI** right now and be ready for the opening bell tomorrow at 9:30AM EST!
Enjoy the rest of your evening.
Sources:
Yahoo: https://finance.yahoo.com/quote/COSI
StockTA: http://www.stockta.com/cgi-bin/analysis.pl?symb=COSI&cobrand=&mode=stock
StockCharts: http://stockcharts.com/h-sc/ui?s=cosi
Investopedia: http://www.investopedia.com/
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