Members,
With the U.S. stock markets closed in observance of Good Friday, we are working with a shortened week of trading...
That means we have to pack on as much gains as possible in an even shorter amount of time!
How do we do that?
With a bottom'd out bounce alert!
Our new pick is currently sitting on a bottom'd out chart and it appears that there is nowhere for it to go but up.
Immediately turn your attention to SNXG (Sunx Energy, Inc.).
SNXG took a beating today dropping -44% below its previous day's close.
Some might view this as a bad sign, but we view it as the perfect opportunity to cash in on a profitable bounce in share price.
Here's what we know,,,
SNXG found a new 52-week low today at $0.042 per share.
After hitting its bottom, SNXG rallied up over +10% to close the day out at $0.0499 per share.
This make us believe that the upward momentum is just starting and there are quick and easy profits to be made!
Buying low and selling high is how you make money trading penny stocks, and you can't ask for a better 'buy low, sell high' opportunity then what SNXG is showing us right now.
About the company:
SNXG is a premier retailer of turn-key energy saving products specializing in complete solar systems and their unique portable solar powered generators. All of SNXG's equipment is the latest technology and state of the art for all residential and commercial customers. They provide quality tested, certified and warrantied products direct to the consumer at a price affordable to everyone.
By partnering with their network of leading manufacturers and installers, SNXG continues to offer unsurpassed products, large project engineering, lowest pricing, and residential financing and installation in some areas of the U.S. SNXG is dedicated to making renewable energy, clean energy and energy savings a reality for everyone in America and beyond!
SNXG's unique business model and extensive industry experience allows them to offer the most sophisticated energy generation and clean energy products and opportunities at the most competitive prices on the market. SNXG strives to be the industry leader by marketing direct to consumers, all leading dealers, and professional integrators.
Quickly emerging as a premier retailer of turnkey energy saving products specializing in complete solar systems and unique portable solar powered generators, SNXG recently announced plans to expand its product line in 2015.
"With Sunx Energy's continuing efforts to expand its presence in what we feel is the tremendous unmet need for alternate solar energy products with providing practical and useful solutions for the residential and recreational consumer, and as the company moves forward as a distributor and a reseller of Solar Panels, Inverters and Solar Racking systems to installers across the country.
"The company is also focusing on establishing additional product lines for its distribution channel with solar items that are manufactured and available from China through the Alibaba portal. The company will also identify and test items from China that will suit our consumers' needs in this growing industry," said Bill Schaefer, Sunx Energy's CEO.
SNXG is positioning itself to broaden its consumer base and grow closer to its goal of making renewable energy, clean energy, and energy savings a reality for everyone in America and beyond.
Market Outlook:
The Department of Housing and Urban Development along with the State of California have announced that they will enhance financing efforts for energy efficiency and solar power solutions in multifamily housing this year. It's no secret that solar energy has begun to "shine" over the most recent 5 years and 2015 has taken center stage for new endeavors in industry growth. In fact, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement:
"This is an important step toward meeting the White House's goal of installing 100 megawatts (MW) of renewable energy in federally subsidized housing. We applaud President Obama, Secretary Castro and Governor Brown for their continued commitment to energy efficiency and clean energy. These far-reaching efforts will help to create new American jobs, give local economies a big boost and help to reduce pollution. It's a huge win all the way around. But it gets even better: It will also help to save money. Clean, reliable solar energy is now more affordable than ever, with blended average system prices having declined 53% since 2010."
Even though residential solar is getting a lot of attention in the media, it's large utility-scale projects where the largest impact is coming. According to Daily Finance, these projects account for over 50% of all solar installed, and these are in states that many would have never imagined to be those seeing solar growth.
Leading investment bank Citigroup has painted an incredibly bright future for solar energy across the globe, arguing that its “rapid expansion will be driven by ‘pure economics’ and the growing need for diversity.” The US Energy Information Administration (eia) projects that total renewables use for electricity and heat generation will grow by 2.1% in 2014. EIA expects continued robust growth in solar electricity generation, although the amount of utility-scale generation remains a small share of total U.S. generation at about 0.6% in 2015.
The opportunity for SNXG in this in demand sector is incredible.
As the company continues to grow its customer base through plans for an expanded product line in the coming year, it could be in for substantial growth and a potential breakout in the very near term.
We've already seen how volatile SNXG is...
Momentum is now in our favor, and we are anticipating a huge bounce during tomorrow's trading session!
If quick gains are what you are looking for, than please look no further...
Add SNXG to the top of your watchlist right now, and be ready to trade it tomorrow at 9:30am EST!
To learn more about SNXG, please visit their website: http://www.SunxEnergy.com
