Hello fellow investors / traders,

Tomorrow we're focused on a multiple time past winner Provision Holding Inc (PVHO), an exciting small cap tech play that we think is set up perfectly for a big move higher.

In recent weeks PVHO has pulled back substantially, but has strengthened over the past week or so. We think PVHO has found support and could be ready for a major push higher.

For some perspective, PVHO has pulled back around 74% from its 52 week high and is around 40% lower than its 200 day moving average - this pullback could be an excellent opportunity to "buy the dip".

A bounce in PVHO could easily see it recapture this 50 day moving average in the very short term for 23% upside, and its 200 day moving average in the medium term for 69% upside.



And given the recent major news catalysts and the strong consolidated base, we think the bounce higher in PVHO could be big and fast.

PVHO is a trader's friend - it has good volume & liquidity, a tight level 2, an endorsement from Intel Corp, one of the largest tech companies in the world, many great recent news catalysts and strong underlying financial growth.

Here are some of the recent catalysts in PVHO...

Huge Revenue Increase

Just recently PVHO announced its full year earnings for the year ended 30 June 2016.

The highlight was clearly the 769% increase in revenue year over year as well as the CEO's commentary on the Company's expansion into the largest US markets. 

Curt Thornton, CEO and President of Provision Holding commented, “We made tremendous progress this year by working on the deployment of our 3D Savings Center kiosks into the new markets of Philadelphia, Detroit, and San Francisco, while also expanding our penetration the New York and Los Angeles markets. It is very exciting to see Provision continue its forward progress this year with an increase in commitments for advertising revenue.”  

You can read the press release at http://finance.yahoo.com/news/provision-holding-announces-fiscal-results-113000454.html


PVHO Does Business with Multinational Conglomerate

PVHO announced last month that Procter & Gamble (NYSE: PG), the multi-billion dollar multinational Fortune 50 Company, has begun a national advertising promotional campaign on PVHO's 3D Savings Center kiosks for its Pantene brand. 

The campaign will utilize the unique 3D holographic technology as well as in-store promotional coupons provided by Provision’s 3D Saving Center kiosks in retail locations across the U.S. 

You can read more at http://finance.yahoo.com/news/procter-gamble-pantene-brand-chooses-123000062.html

Put simply, this is huge news that could generate massive exposure for PVHO's innovative products.


More about PVHO

Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.

Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused companies.

To learn more about PVHO visit their website www.provision.tv.

PVHO is already getting big-name endorsements. PVHO’s 3D digital display technology is so important that Intel Corporation devoted an entire whitepaper to it!

In the whitepaper titled Tomorrow’s Digital Signage, Today with 3D Holographic Kiosks, Intel said that, “Intel technologies and Provision 3D holographic kiosks lead to more focused campaigns and higher sales for consumer brands and retailers”.

That huge endorsement has led to even bigger things for PVHO because the company recently announced an expansion into the Middle East. PVHO said it shipped its first HL40 display to its Middle East distributor, AOTEX SARL.  AOTEX SARL represents the countries of Bahrain, Jordan, Lebanon, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates.  The shipment is part of a 3-year distribution agreement with AOTEX SARL and could mean placement of as many as 100 units during its launch year.

In addition, PVHO announced the shipment and installation of an additional 200 3D Savings Center kiosks earlier this month.  The Company also expects to announce the signing of a second retail customer contract within the next thirty (30) days.

You can read more news and recent developments with PVHO at http://finance.yahoo.com/quote/PVHO


In Summary...

PVHO has every thing we look for in a trade - a great chart setup with a recent pullback and technical support, fast growing revenues and plenty of investor buzz from an endorsement from Intel Corp (NASDAQ: INTC), doing business with the likes of Proctor and Gamble (NYSE: PG).

I urge you to do your own research and be ready for the trading day ahead. I will touch base in the morning with a further update.

 

 

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