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Golden Grail Technology Corp (GOGY)
There’s no denying that we just came off of a great alert to start the week and Wednesday April 13th we aim to continue this trend. Here’s the scoop, Golden Grail Technology Corp (GOGY) has been making key announcements over the last few weeks that could quickly ignite action heading into the April 13th open.
This One Small Company Could Become A Major Market Disruptor for a $180M Industry
Now for those of you who are new to the network or for those of you who may have forgotten, we covered GOGY once before in February. GOGY ended up jumping from an open of about 3 cents all the way to highs of 6 cents on very obvious well above average momentum before closing the day out just shy of 5 cents. Now we’re looking at GOGY at an almost identical level right around a similar support of 3 cents and as you can see GOGY hasn’t seen a whole lot of bearish tendencies over the last 3 weeks. In our opinion, this could be the setup for another momentum style alert in the making heading into Wednesday morning.
The potential here is not only based on GOGY’s obvious ability to see much higher breakouts but the recent trend could be opening a door for more upward potential to kick in strong this week. Also keep in mind that almost every time in the last 3 months that GOGY has had a day of above average momentum, it has seen some solid jumps. Just look at this chart and its even more clear that this could be the case if the same kind of situation holds true in the morning.
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Now besides the potential technical set up, there’s a good amount going on with the company as well. GOGY was relatively quiet up until recent weeks. Just last week the company began opening up the PR. GOGY announced the launch of its newly developed Ah Branded line of products with the debut item, Keenw-AH!
It may not be something you know about but the market for organics has grown by leaps and bounds over the last 5 years. And as far as the quinoa market is concerned, we’re talking a market expected to grow by more than 1000% by the time the 2015 numbers come in. Meanwhile the increase of “Super Food” focus from the growing health trend continues to bolster its popularity in addition to the popularity of Organic Super Foods as a whole!
And it’s not like this is just some “idea” that GOGY had. No, they’ve gone as far as becoming a voting member on one of the worlds foremost organizations with regard to organic agriculture, the Organic Trade Association. This could open some BIG doors for the company to take advantage of the OTA’s large network of distributors, vendors, and retail businesses to increase sales of AH! brand products. The main reason is that the OTA is made up of over 8,500 organic businesses across 50 states…not a small organization by our calculations.
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But let’s also not forget that GOGY isn’t just a distributor. The company also has a storied background in marketing products and the company looks to benefit from adding to GOGY’s model of developing eCommerce sites with an efficient use of technology, people and capital. Sales of organic food and non-food products in the United States broke through another record in the last 2 years, with a total market value of $39.1 billion, up 11.3% as stated in the U.S. Organic Survey of 2015 by the Organic Trade Association. Organic sales now near a milestone 5% share of the total food market!
This could be a huge market opportunity that would also be employing GOGY's Rapid eCommerce Deployment or ReD methodology to expedite the process of bringing healthy organic food and products into the eCommerce world. So could GOGY be ready to Buck the latest Bull Trend that our network is beginning to see?
The latest PR blitz along with technical indicators showing a history of bullish reversals for GOGY could put this feature on a lot more screen in the morning should early momentum kick in. The company has just executed the launch of it first Ah Brand product to further the growth of its current branding portfolio.
For right now we’ve got GOGY pulled up for Wednesday as it could be our next technical breakout play this week. So if you choose, pull up GOGY right now and be ready to trade Wednesday morning April 13th at the opening bell!
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