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Our Thursday Breakout Trade Is…
Great Rock Development Corp. (symbol: GROC)
Hello Traders,
GROC is trading on a tidal wave of momentum and recently set higher highs.
Liquidity levels have also been stellar with trading seeing volume breakouts as high as 246%.
Entry for this sort of a play would normally be out of reach but luckily GROC is undervalued at the moment.
Let's take advantage of this while we still can.
Robotics Market Explodes -- $32 Billion Last Year
US robot installations up 11%; global market value including support services estimated at $32 billion for 2014.
The International Federation of Robotics predicts 15% annual growth for robots, with five major markets representing 70% of the total sales volume: China, Japan, USA, South Korea and Germany.
“The main driver of this development is the global competition of industrial production,” said Arturo Baroncelli, president of the International Federation of Robotics (IFR). “The automation witnessed by the automotive sector and the electrical/electronics industry comes out top here with a market share of 64%.”
Within this context, IFR suggested the rapid automation in China represents a unique development in the history of robotics. The number of industrial robots sold increased by 56% alone last year in comparison to 2013.
China is the largest and fastest growing robotics market in the world, with significant potential despite the recent economic downturn. Chinese production industries currently have a robotic density of just 36 units per 10,000 employees.
In contrast, front-runner South Korea deploys 478 industrial robots per 10,000 employees followed by Japan (315 units) and Germany (292 units). It is estimated that more than one-in-three of the global supply of industrial robots will be installed in the Republic of China in 2018.
Big Catalysts for GROC Today
~ GROC is re-entering a space its subsidiary helped to pioneer 25 years ago. This is a huge boost for the company’s profile.
~ Momentum is strong and GROC still presents with an accessible entry price.
~ GROC is poised to capitalize on a robotics industry tipped for 15% CAGR over the next few years.
Grab your coffee & let's trade!
Able Trader
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