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Good Morning Hideout Trader!
Clicker, Inc. (CLKZ) runs an ad-supported network of websites catering to consumers and investors.
The company’s money-earners include Wall Street Network and Wall Street TV.
ForWant, is another one of CLKZ's sites – it gathers classified ads from around the web, and is growing so popular that even rapper 50 Cent has tweeted about it. (Read more)
Now the company is branching out under their new CEO, Lloyd Lapidus. It recently acquired big-name Celebrity Magazine Online, a move that sent the stock up 21% in pre-open trading and then another 9% after the bell. (Read more)
By the way, when it was announced that Lapidus would be the new CEO, the Street applauded heartily – the stock staged a multisession rally of over 130%!
Since then CLKZ has consolidated, and is running in a tight sideways pattern – in a range between .01 and .035.
But the here’s the rub: RSI is steady around 45 – so the longer the sideways pattern continues...the tighter the spring coils!
CLKZ Trend Highlights
Trading in CLKZ since CEO Laipus took control has been heavy, with some days showing over 3 million shares traded.
CLKZ traded in the .50 range as recently as October.
After hitting its all-time low at .006 on February 25 – it immediately staged a rally to .035 over the course of six sessions — for an eye-popping 483% gain!
CLKZ Technical Highlights
CLKZ has reversed its downtrend that started in mid-October.
The current price is converging on three important technical trendlines: the .07 trendline, the .006 trendline, and the 50-day MA. This has created trading interest from both longs and shorts.
The RSI is surging into the 40s even as the stock trades sideways. This indicates significant buying pressure. NOTE: Every time CLKZ crosses the RSI 50 reading it reaches a chart high — the most recent one, to .035, provided traders with a two-day 75% gain!
Now head over to the chat room and watch me break down CLKZ live throughout the trading day!
~Stock Analyzer
This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BlueWave Advisors, LLC owns seventy five percent of the outstanding membership interests of StockHideout LLC. Stock_Analyzer owns twenty five percent of the outstanding membership interests of StockHideout, LLC. BlueWave Advisors has been compensated sixty thousand dollars from SOS Resource Services, Inc (non-controlling 3rd party shareholder) for CLKZ advertising and promotion. StockHideout LLC has been compensated fifteen thousand dollars from BlueWave Advisors (a non-affiliated 3rd party shareholder) for CLKZ advertising and promotional services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this newsletter as the basis for any investment decision. BlueWave, LLC, StockHideout, LLC and its affiliates currently hold no shares in the profiled company. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. |
