Our new low float NASDAQ trade idea

Published: Tue, 10/02/18


 

Traders and Investors,

As promised, our new low float NASDAQ trade idea is... Cemtrex, Inc (CETX).

I love this chart, check it out below.

CETX was trading at near $3 just a few short months ago, and its 52 week high was $3.57. It has gradually sold off over recent months however in the past few weeks we've seen some strong consolidation around current levels.

We think this could be an excellent platform for a move higher in coming days/weeks.

Cemtrex, Inc. (CETX) is the manufacturer of the SmartDesk, the world’s most advanced workstation. Cemtrex is a diversified technology company that's driving innovation in a wide range of sectors, including smart technology, virtual and augmented realities, advanced electronic systems, industrial solutions, and intelligent security systems.

For more info, visit their website www.cemtrex.com

Last week CETX announced the release of an original content virtual reality (VR) game titled Quazar. The game was developed in-house by the Cemtrex VR team for Oculus Go and Cemtrex’s flagship smart device, the SmartDesk.

And a few weeks ago, CETX announced that the Company will start shipping limited quantities of its breakthrough SmartDesk this month to select early adopting customers. These customers include, Black & Decker, United Airlines, Modco Media, and more.

The Company has received demand for SmartDesks from customers in a variety of different industries and for planned uses in different applications. The Company continues to receive orders for use in financial companies, logistics companies, call centers, innovation labs, universities, engineering firms, advertising firms, software developers, and many more.

Cemtrex’s SmartDesk is first product of its kind, designed to bring millions of Americans’ workplaces into the 21st Century. The SmartDesk has already garnered orders and interest from major airlines, world renowned universities, global engineering firms, banks, medical centers and other FORTUNE 500 corporations globally. The SmartDesk has recently received positive reviews and coverage from various tech and consumer outlets, including:

  • Bloomberg Markets AM
  • Entrepreneur Radio
  • Business Insider
  • The Verge
  • CNET
  • TechSpot
  • DesignMilk, and more.

For more information regarding the SmartDesk please visit https://smartestdesk.com.


As you can see, big news is coming out of the Company. News that we think hasn't yet grabbed the attention of Wall Street. 

When it does, we could see big things. Now is your chance to take a close look at CETX while its trading near 52 week lows.



All the best.

SmallCapMomo.com
 
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Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

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