|
Our New Pick For Thursday Is …
SW Innovative Holdings, Inc. (symbol: SWHI)
Good Evening,
It’s been a little while since you heard from us but don’t worry, we have been busy sizing up the markets. We thought it would be a good idea to let the market do its thing and move back in when the opportunities present themselves in a favorable way.
We are jumping back in with a trade idea that we believe can deliver maximum short term gain potential. This one is all about the trade so we won’t bore you to death with all that other stuff. Strictly technicals so let’s dive in.
SWHI is a play that we believe given its undervalued setup, could potentially deliver outsized gains in the range of 20 – 500%. Why so wide an estimate? It’s simple, SWHI is trading at .0001!
Have you ever seen a triple-zero play go crazy in a trading session? We have. The math isn’t terribly complicated either… A play only needs to move from .0001 to .0002 for you to double your money!
Potentially, we are looking at a 100% move at the flick of a switch. If our due diligence holds up and traders pile in on SWHI the possibility for outsized gains is very real.
But don’t just take our word for it; take a look at the current technicals…
SWHI has traded as high as .0004 – that’s 300% upside opportunity on this one metric alone!
SWHI is trading with a 45 RSI on the daily chart. Bounce potential is strong on this one.
SWHI seems to have turned the corner and is level with its 50 DMA. This means you can benefit from the play’s upward momentum.
SWHI is seeing an explosion in daily volatility which can only mean one thing: investors are very interested in the play.
SWHI is right now trading with average volume (30d) of 9 million shares. Last session investors delivered breakout demand for its shares and over 10 million shares changed hands.
SWHI has been delivering monster gains over the last several weeks. Cases in point: Nov 5 – open .0003, high .0004 for up to 33% intraday gains. Jan 21 – open .0001, high .0002 for up to 100% intraday. Jan 27 – same awesome stuff like Jan 21 (100% intraday gains!)
SWHI looks poised to test its 4-week high of .0002 – you could pocket up to 100% intraday.
At 80% RSI SWHI is trading at .0006 which means there is an ocean of gains waiting from traders from the current RSI of 45.
SWHI is getting lots of buzz on the boards about its technical setup. One comment we noticed said, “Feisty triple-zero about to pop.”
SWHI In the News:
SWHI is targeting one of the fastest growing demographic sectors in Texas. According to SWHI the Hispanic demographic accounts for 39% of the total population. The company is looking to target this sector with new products from its telecommunications arsenal.
Go here to read up about it: http://finance.yahoo.com/news/sw-innovative-holdings-inc-targets-140000453.html
Why SWHI Could Pop (Catalysts):
Daily volatility is exploding (see recent volume numbers fir confirmation)
45 RSI is opening up huge bounce opportunities
SWHI delivered consistent gains upward of 50%
Start your research on SWHI now.
Able Trader
|
