Rise Up, Traders!
I've been trying to get Cybergy Holdings Inc. (CYBG) in front of you all weekend for one simple reason: this $0.09 pipsqueak is STRONG.
When the market was crying on Friday, CYBG was continuing a multi-digit journey, with another 16% gain by the end of the day!
And that monster move in the face of a river of red ink was only the latest leg in a BIGGER trend that I don't think has peaked anywhere near yet!
Don't forget, CYBG is still only at a two-week high:
Not bad, eh? And from the way CYBG has rocketed into the $2 zone off very similar levels in the past, the game may be just STARTING!
Like I keep saying, all the the technicals up there still point to bullish: RSI tipping above 50, MACD a nose from crossing up and over.
The 50-day line still looks weak after a tentative break on Friday. Cross that line, the real long-term “resistance” is literally off the chart in the $0.60s!
Not saying we recapture that territory today or even next week, but unlike so many stocks right now, at least CYBG is going the right direction!
The Commander’s Bullet Points on CYBG
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Most of the customers are one branch of the government or another. A lot of it is military, classified or both, but their money definitely folds. CYBG books $6 million in a good quarter and the future looks bright.
Bottom Line: We made some bank on CYBG in the spring and I'm looking forward to where the next wave of action takes us now.
The cyber security angle alone has big fans on Wall Street. And you know how the White House loves to spend the money.
CYBG is putting that money to work for small dog traders like us. After a grueling week with the big boys, you know how good that sounds.
Now get that coffee hot. Do your Rocky training montage -- you know, get that heart pumping. I want you trading today with maximum force.
That's how we see who the real winners are!
Happy, Happy, Happy Trading!
~ Stock Commander
yourstockcommander@gmail.com