![]() |
|||||||
|
|||||||
|
Dear Fastmovers, Happy Mothers day to all the Mothers out there. keep up the great work ! My New Trade Alert: Microelectronics Technology Co. (OTCBB: MELY) About MELY MELY, through the acquisition of Cloud Data Corporation, an Incubator of Internet and Social media technologies, is positioned to capitalize on the exponential growth of today's technology market within Cloud Computing. Cloud Data Corp allows MELYto differentiate itself within the technology market by providing leadership in the following areas:
Technical Indicators On Thursday MELY caught my eye because of unusual trading, in which the company increased in value by more than 34% on a significant volume increase. After noticing this I further began looking into why this was happening in order to determine whether my subscribers could benefit from a potential further appreciation in value. After this 34% rally I didn't want to jump the gun as I did on my last trade alert, so I decided to watch MELY during Friday's trading in anticipation of some profit taking. Its only natural for a company to pull back a little after such a profound leap in value. I was right! On Friday, MELY retraced its 34% move by 10%. But here is the important part. Not only was I looking for some profit taking, but it was very important to see what kind of a pullback. There is a big difference in whether this type of movement happens on above average volume or on little to no volume. Considering that volume levels were just above average this showed to me that there was relative support at present levels, which means reduced downside risk and further potential for upward appreciation. But more importantly, what really caught my attention is the number of new developments that the company has been experiencing during the past 3 months alone! There have been at least 10 new major press releases! The reason this is so exciting is because, as you will notice, the volume levels have been picking up substantially, which means more people are now watching the company than ever before. Now, after so many incredible developments that the company has been experiencing, volume levels have increased by more than 6,635% in the first week of May alone! Also, here is another interesting fact, in late April MELY appreciated in value more than 100% in just several days, rallying from 10 cents to more than 20 cents! Currently the RSI is at 40 on the daily scale which indicates oversold trading levels. The last time the RSI was this low MELY experienced a huge jump in value, of more than 100%. Here is another important factor that I analyzed prior to alerting MELY to everyone. MELY has a very favorable share structure where there is only 125 million outstanding shares! The reason why this is an important factor is because it determines the type of positive volatility that the company's market valuation could experience. If there are too many shares outstanding, then you wont see huge returns on investment. MELY on the other hand has a share structure that creates a favorable opportunity for my subscribers to witness significant returns on investment. Recent News
|
|
||||||
| Disclaimer
Please Read carefully before buying any stock. www.fastmovingstock.com has a no tolerance spam policy, we will not sell or re distribute your email to any third party. If applicable, please also unsubscribe from the newsletter using the link at the bottom of the email if you no longer wish to receive our emails. We only send our newsletters to opt-in members. Verify all claims and do your own due diligence. www.fastmovingstock.comprofiles are not a solicitation or recommendation to buy, sell or hold securities. www.fastmovingstock.com is not offering securities for sale. An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. All statements and expressions are the sole opinion of the editor and are subject to change without notice. www.fastmovingstock.com is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. It should be understood there is no guarantee that past performance will be indicative of future results. Investors are cautioned that they may lose all or a portion of their investment in this or any other company. Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated.www.fastmovingstock.com services are often paid for using free-trading shares. Www.fastmovingstock.com may be selling shares of stock at the same time the profile is being disseminated to potential investors; this should be viewed as a definite conflict of interest and as such, the reader should take this into consideration. Read full disclaimer at http://www.fastmovingstock.com/disclaimer/ |
|||||||
Disclaimer
Fast Moving Stock does not own any shares or plan to get a position(s) in the company(s) anytime soon. Moreover, we have not been compensated for the posting of this article/report/analysis, as this is just an opinion of our writer/contributor. Not recommandation to buy or sell any stocks Read full








