MLSS is tomorrow's explosive big board trade idea
Published: Mon, 11/27/17
![]() SMS alerts can make the difference between a profitable trade and a missed opportunity. Text “MOMO” to 555888 to receive our instant, reliable and free SMS alerts. Traders and Investors, I hope a great long weekend was had by all. It's great to take time out to spend with family and friends and appreciate all we have. Now the markets are back in full swing, I've got a new trade idea tomorrow. Milestone Scientific, Inc (MLSS) is a medical devices Company trading on the big boards. Our last couple of big board trade ideas have panned out well. Many of you will remember we profiled ONCS recently at around $1. That went on to hit $2.95 a few weeks later - 195% gain. CEI was another we profiled at around $0.18, and it went on to skyrocket to $0.40 a week or so later - 122% gain. Now, back to tomorrow's trade idea, MLSS. The chart looks nice here with strong multi-month support at $1.10, and it is currently at $1.20. The six and twelve month high is $1.80 and $2.15 respectively. Just a couple weeks ago it opened up at $1.55, and in October $1.60. So, at just $1.20, there is plenty of upside to shoot for. And with support at (and a stop loss at or below) $1.10, risk / reward looks pretty good for traders. Milestone Scientific Inc. (MLSS) is an industry-leading leading medical research and development company that designs and patents innovative injection technologies. Milestone's computer-controlled systems are designed to make injections precise, efficient, and virtually painless. Milestone Scientific's goal is to provide products that redefine the worldwide standard of care for injection techniques by making the experience more comfortable for the patient and by reducing the anxiety and stress of administering injections for the healthcare provider. There current product suite includes:
In fact, just last week MLSS announced plans for the commercial launch of its novel and proprietary cosmetic injection instrument for delivery of botulinum toxin (such as Botox® and Dysport®).
Leslie Bernhard, Chairman and Interim CEO of Milestone Scientific, commented, "There is a large and growing market for botulinum toxin (such as Botox® and Dysport®) injections globally, with over 8.4 million botulinum toxin injections annually in the U.S. alone. Recognizing this opportunity, we set out to develop a product concept and conducted a cosmetic injection instrument feasibility study to determine professional
interest in a new cosmetic injection system. MLSS is delivering big on its innovative product line in an extremely high demand and very large market. It's chart looks bullish for traders too. You can see the effect even a small amount of volume does to its price. We think MLSS could be an excellent trade idea at these levels. All the best. SmallCapMomo.com --------------------------------------------------------------------------------------------------------
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