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Our New Wednesday Pick Is…
FlashZero Corp. (symbol: FZRO)
Hello Traders,
FZRO has done the one thing investors demand from companies: enter an industry sector that promises the fastest growth with the highest potential returns. In actual fact, FZRO has done that x2.
The company is now newly minted in the ecommerce and communications space. What does this mean for investors? It means that FZRO is now tapping the ecommerce industry in highly targeted markets and its doing so using the fastest growing technology sector on Wall Street, hand-helds.
FZRO made this all clear in a June release but the implications for its share price is now only taking hold. How is that for timing?
Right now FZRO is trading below the 1.125 high achieved last November. Since then the play has been clawing its way back from bottom and now looks ready to take the next step.
That next step involves a very bullish chart setup and a chance for traders to take advantage of a radical shift in business goals. Recent trading has shown that FZRO is escaping consolidation and has the technical setup to move higher. There was a breakout which led to a .16 high at the end of October, for example.
We believe that FZRO offers very good upside from current levels. We also believe that if you are going to take maximum advantage of that upside, a move now is crucial.
Check Out These Key Short Term Technicals
FZRO opened at .12 on October 22 and rallied to a high of .16 for intraday gains of up to 33%.
FZRO is trading on a 36 RSI. That’s maximum bounce potential from current levels.
FZRO has seen daily volatility go from sedate to volcanic. Recent trading saw volume explode to 513K – a 66% breakout.
FZRO is trading below its 50 DMA of .08. This suggests potential upside of more than 166% over the short term.
FZRO is poised to tap into the global ecommerce sector worth $1.672 trillion in 2015.
Website: http://flshzro.com/
Research: http://www.otcmarkets.com/stock/FZRO/quote
Global Ecommerce On Track To Hit $3.5 Trillion By 2020
Market research firm eMarketer projects ecommerce sales will eclipse $3.5 trillion within the next five years. The web will account for 7.3% of global retail sales this year, growing to 12.4% by 2019, eMarketer says.
The fast-growing Asia-Pacific market is expected to fuel a 25% year-over-year increase in global e-commerce in 2015.
That’s according to market research firm eMarketer, which projects consumers worldwide will spend $1.672 trillion online this year. That figure represents 7.3% of overall global retail sales, which are expected to be $22.822 trillion this year. By 2019, eMarketer Inc. projects online purchases will more than double to $3.551 trillion, or 12.4% of total retail sales of $28.550 trillion, as more people come online around the world.
The Asia-Pacific region is growing faster than any other at a rate of 35.2% year over year, with eMarketer projecting $875 billion in online sales there in 2015.
FlashZero Corp Debuts as New Internet Commerce and Communications Venture
FZRO announced actions to change its name, business objective and financial structure. The company will pursue an emerging market for hyper-targeted communications and ecommerce using handheld devices.
On January 25th, 2015, the Company elected new management and directors. Dr. Ramiro Jordan joined FlashZero as CEO and Director. Gary Kimmons will report to Dr. Jordan as President, CFO, Treasurer, and Chairman.
Dr. Ramiro Jordan stated, "We have a unique opportunity to connect and engage in global commerce in a powerful new way. It's been a dream for many years and I'm pleased that we now have an opportunity to make it a reality."
Dr. Jordan will draw upon his talent and experience launching innovative international initiatives to pursue the FlashZero vision. He is the founder of ISTEC, an international nonprofit organization in Ibero-America with over 100 universities and millions of members. Dr. Jordan also holds prestig
Big Catalysts for FZRO
FZRO is rebuilding momentum after surging to highs of 16 cents in the last few weeks.
Oversold levels make FZRO an attractive short term trade at current levels.
FZRO offers upside potential of 166% based on its 50 DMA of .08
Start your research on FZRO now.
Able Trader
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