OVMS breaking out big today on nice volume

Published: Thu, 01/14/16

 


Morning all,

OVMS is off to a nice start today gaining 7% from yesterday's closing price, and 12% from the early morning lows.

Volume is solid and ticking up which is a bullish sign that these gains will hold and further upside is possible.

Check out the chart below, we are seeing a technical breakout in OVMS today and I think we could hit the 100 day moving average of just over $0.02 - which gives us another 50-60% upside from current levels.

If you haven't already, do your research on OVMS right now before it's too late, and make sure you are watching and ready to act.

All the best.

Shiznit



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Hello fellow investors / traders,
 
Time to kick off the new year with a past proven winner in Ovation Music & Studios Inc (OVMS).

Just one look at the chart tells us all we need to know, OVMS has run big recently. And we think the setup is perfect for another run higher.
 
OVMS gained over 150% in just a few days in October. And then it gained 75% in two days in November.

Since then it has pulled back and consolidated nicely over the past couple of months.

A volume surge now in OVMS could deliver another triple digit spike. And with a strong base & support around current levels (just below $0.01), we think this could be a great risk vs reward trade.






And with a market cap of under $3m and a float of just $100k, we think OVMS could rip big gains fast.

Ovation Music & Studios, Inc. (OVMS) is a music education company that provides individual and group lessons, rehearsal studios, professional recording studios, and live performances with its Rock Shop™ and Jazz Jam™ ensembles.

Ovation Music & Studios is developed for students of all ages. Their unique method provides professional musicians and teachers in one-to-one voice and instrument lessons. When the students have developed skill in the instrument as well as in music theory and ear training they are combined into rock bands and/or jazz ensembles which perform in public venues.

You can learn more about OVMS at their website http://www.ovationmusicstudios.com/

OVMS has been delivering some impressive growth of late too.

Q3 2015 revenue was higher over the same period in 2014 and gross profit for Q3 2015 was up 14% over the same 2014 period.

Just last month the company announced it had opened a new location in Tennessee which should help drive further growth this year.


Ovation Music & Studios, Inc. Opens New Location

BOCA RATON, Florida, December 8, 2015 /PRNewswire/ -- Ovation Music & Studios, Inc. (OVMS) (the "Company")http://ovationmusicstudios.com/index.php and https://www.facebook.com/ovation.gallatin, announces today that its new location in Gallatin, Tennessee has opened for business.

The Company's new location in Gallatin, Tennessee demonstrates the completion of the first step in the Company's strategic plan to grow its business by developing business opportunities initially in two markets, South Florida, (where the Company was founded), and Nashville, Tennessee.  

Keith De Tone, the Company's CEO & Chairman stated, "This expansion and step into the Nashville market is the product of a determined team, we are ready to become a player in the Nashville music scene and a music educator in this market."

The Company is working to develop franchise and licensing opportunities in the South Florida and Nashville, Tennessee markets. As well the Company is researching future locations that include Atlanta metropolitan and suburbs, GA, Charlotte, NC in and around the research triangle, the Washington DC metropolitan area which includes parts of both Southern Maryland and Northern Virginia, and Westchester County, NY.  The Company has an interest in pushing into new markets that have similar demographics as those listed when the opportunity arises.

Gallatin is just outside of Nashville, TN. Nashville's Music Row is home to hundreds of businesses related to country music, gospel music, rock and roll, jazz as well as contemporary Christian musicindustries. Music Row is the heart of Nashville's entertainment industry. 

Read PR in full at http://finance.yahoo.com/news/ovation-music-studios-inc-opens-145300458.html


We think OVMS has a great setup that could provide us with double or triple digit gains with a great risk / reward profile.

Please do your research now and be ready to trade at the opening bell.  
  

ShiznitStocks.com
 

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