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Hello fellow investors / traders,
I sent you an email last night outlining why I think W Technologies Inc (WTCG) could be a great trade today. I hope you had a chance to read it. If not, keep reading below. Today could be big.
W Technologies Inc (WTCG) is trading right at 52 week lows with multi-week support and we think it is due for a major run higher off these well supported levels.
WTCG also has a very small float of only 12m shares.
Put simply, we love oversold stocks at 52 week lows, with small floats and tiny market caps.
Check out the oversold chart below that is well overdue for a bounce higher...
You can see there is some multi-week support at current levels. If this support holds, we could see a sizeable move higher, possibly back to its 50 day moving average of around $0.02 - which also happens to be its former support.
Company Background
W TECHNOLOGIES, Inc. is a diversified holding company in the forefront of a profound
global paradigm shift in the way they do business in the areas marketing,
technology, and finance.
Their specific areas of expertise include television, mobile and social
media marketing / advertising, water, oil and natural gas technologies, and the
financing / funding of new enterprises.
Through their subsidiaries and affiliates worldwide and with our wide
breadth of professional experience, we are experts at identifying new
marketable technologies with viable marketing value and partnering them with
creative and resourceful financing.
Simply put, their financial success is derived from the successful growth
of our corporate and shareholder's "value" through insightful
acquisitions, marketing expertise, and organic business development with new
and emerging technology based enterprises.
As a diversified holding company with a focus on the natural evolution of new technologies and services
it is their mission to develop, manage and finance emerging companies in the
following areas:
- Environmentally Friendly Oil and Gas Recovery Technology
- Clean Water Technology
- Real Estate Investments and Financial Services
- Social and Mobile Media Advertising
- Advanced Health Care Products
- Innovative On-line Sales and Marketing
For more information on WTCG, visit their website at www.wtechnologies.biz You can read WTCG's recent press at https://finance.yahoo.com/q?s=wtcg&ql=1
We think WTCG could bring the heat here off 52 week lows / multi-week support.
Make sure you are ready to trade at the opening bell, you will not want to miss this.
www.ShiznitStocks.com
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