Our New Pick Is…
Thinspace Technology, Inc. (symbol: THNS)
Hello Traders,
THNS has been quietly consolidating under a penny for the last two weeks and we’ve been tracking it for a potential upside opportunity for you.
We’ve looked at the technicals and believe that now is a perfect entry point for the technology company that recently announced a new deal for the sale and use of its desktop virtualization technology.
AlarmForce Industries Inc. will now be using THNS’ technology to ramp up the remote working capabilities for its managers.
The deal follows on from a June announcement in which THNS confirmed a partnership with a large global design and manufacturer, Centerm Information Co., Ltd.
Right now THNS is trading at .0049 but as you’ll see in the technicals below this is a play capable of some very stunning upward movement.
Check Out These 5 Key Short Term Technicals:
1. THNS rallied to a high of .03 on June 26, delivering intraday gains of up to 200% from an open of .01.
2. THNS is trading with below its 50 DMA of .016, presenting short term upside opportunity of up to 220%.
3. THNS recently announced the acquisition of a new customer for its desktop virtualization. This development bodes well for the company’s revenue potential.
4. THNS has very strong bounce potential and is trading with an oversold RSI of 34.
5. THNS is poised to break its second resistance point of .0055. Past rallies indicate that the play could push all the way to .03.
Company Website: www.thinspaceinc.com
Technical Chart: http://stockcharts.com/h-sc/ui?s=THNS
AlarmForce, Leading Provider of Home Security Systems Chooses THNS for Secure and Flexible Application and Desktop Virtualization
THNS recently announced that AlarmForce Industries Inc. has selected Thinspace as its desktop and application virtualization solution provider.
AlarmForce has a workforce that work both in the office and mobile, requiring a flexible, yet secure solution to access applications.
The Thinspace solution provides workers with secure desktop computing capability anywhere, anytime, and on any device. AlarmForce employees can even access Apple applications in their Windows environment with the Thinspace application and desktop virtualization technology.
THNS Could Cash In On Expected $5 Billion Market For Desktop Virtualization
According to a new study from ABI Research, the worldwide market for such hosted virtual desktops is forecast to grow from about $500 million in 2009 to a cumulative total of nearly $5 billion in 2016. North America and Europe will comprise the majority of the market for virtual desktops throughout the forecast period.
Larry Fisher, director of the firm’s Automotive, Energy and Emerging Technologies practice, says, “The VDI market will exhibit impressive growth in the next five years; buyers will principally consist of large enterprises looking to reduce their desktop support and management costs, and companies and organizations that need to lock data in the data center, either for compliance or security reasons.”
Companies also will be attracted by the lower overall energy requirements of virtual desktops, as well as the enhanced business continuity and disaster recovery capabilities they provide. Fisher adds, “The process allows the IT department to integrate a wide range of devices into corporate networks with relative ease. For example, they can enable users to access their full corporate desktops through iPads, smartphones and other popular devices.”
Start your research on THNS now.
Able Trader
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