Wednesday, June 3, 2015

BRAV and SNXG on Breakout watch

Breakout watch 


BRAV (Bravada Inc) .0017 (Bullish Mini Flag/2nd Day close confirmation at 50 MA)
Buy zones .0014-.0017
Pivot .002
Potential .005-.0075 (Short Term)
BRAV Security Details
Authorized Shares 741,000,000 a/o Sep 30, 2014
Outstanding Shares 705,566,667 a/o Sep 30, 2014
Float 179,445,136 a/o Sep 09, 2010
6/1/15 Volume 5,010,328 (2 x the avg volume)
Average Vol (30d) 2,841,133
Major Update and Catalyst: BRAV| MUSCLE FLEX launching this month (June) http://www.muscleflex.com/
Key Points and Major Updates
-2nd day close above that .0016 50 Day moving avg
-8 day moving avg cross into that 21 day moving avg
-Bullish Uptrend Channel Weekly Longer Term Out look
-FITNESS MULTI BILLION DOLLAR SECTOR







SNXG ( Sunx Energy) .0014-.0017 (Triggered Kiss of .0012/0014 6/1/15)
Bullish reversal Candle Play
Pivot .0033
STOP close below .0014 2x
Potential .01-.02 (Low Float/Share structure)

Share Structure
Market Value1 $813,433 a/o Jun 01, 2015
Authorized Shares 920,000,000 a/o May 28, 2015
Outstanding Shares 478,489,953 a/o May 28, 2015
Float 51,000,000 a/o May 28, 2015
52 wk low .0014
Low of Day .0011
High of day .0017 (Bullish Reversal Candle)
Close .0017
Average Vol (30d) 2,087,632
6/1/15 Volume 36,857,500 (Traded 13 x the avg volume)
Key Points
-Extremely Oversold
-Bullish reversal Candle (Low of .0011 closed at .0017 High of Day)
-52 wk low .0014
-52 wk high .37 (path to least resistance)
-Low Float of just 51,000,000 (updated/current May 28, 2015)
-Anything under .002 could be 5-10 bagger based on chart and low ss
-Great risk reward ratio
-Bentley Trade (Low risk Higher reward all key indicators lead to profitable trade)