| 3 Important Potential Catalysts For (Nasdaq: MYSZ)
#1. MYSZ has an incredibly small float suggesting volatility potential could be a massive factor.
Rocking a tiny float of roughly 963.63k shares, according to Yahoo Finance, volatility potential could pop up in a flash.
Volatility could be part of the reason why MYSZ was able to erupt to a new 52-week high just last week...
#2. Chart history shows MYSZ is capable of explosive short term moves (support strengthening at 3 key levels?)
At close (4:00PM EST) on Thursday, MYSZ was trading above 3 key technical lines in its:
- 50-Day Simple Moving Average (SMA), its
- 200-Day SMA, and its
- 13-Day Exponential Moving Average (EMA).
If support starts growing at those 3 levels, MYSZ could develop the foundation to return to previous highs (MYSZ did almost hit $8.00 last week)!
#3. A multitude of triggered technical indicators could suggest something bullish sentiment for MYSZ.
When 4:00PM EST came around Thursday, MYSZ had several triggered technical indicators over at Barchart.
This is a list of short, medium, and long term triggered technicals:
- 20 Day Moving Average
- 20 - 50 Day MA Crossover
- 20 - 100 Day MA Crossover
- 50 Day Moving Average
- 100 Day Moving Average
- 150 Day Moving Average
- 200 Day Moving Average
On top of that, Barchart's ever-important composite "Trend Seeker" indicator is also triggered.
It'll be critical to watch these closely in the near term. -----
Coverage is officially initiated on My Size, Inc. (Nasdaq: MYSZ). Consider getting this breakout idea on your radar.
I'll be in touch with updates when possible.
All the best, Dane James Editor Market Pulse Today
(Remember: St-ock Prices Could Be Significantly Lower Now From The Original Dates I Provided.)
*MarketPulseToday.com (“MarketPulseToday” or “MPT” ) is owned by Thousand Sun Media LLC, a limited liability company. Data is provided from third-party sources and MarketPulseToday ("MPT") is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. We do not provide personalized fin-ancial advice, are not finan-cial advisors, and our opinions are not suitable for all in-vest-ors.
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