MRK - Low Float Stocks Coiled up for Parabolic Moves

2024-01-08 07:53:16 ET

The following companies are covered in this article, (NASDAQ: CCCC), Merck (NYSE: MRK), (NASDAQ: NEXI), (NASDAQ: SIDU), and (NASDAQ: SYTA)

DENVER, Colo, January 8, 2024 ( www.247marketnews.com ) – The Trend is your friend and, when it comes to massive gains, no trend is serving up more daily doubles, or better, than low-float listings.

Siyata Mobile (NASDAQ: SYTA) is an ultralow-float listing that’s been trending up. The spread on this stock has tightened, as the lack of sellers in this stock indicates that it should continue to get tighter.

More importantly, Siyata has a big gap, from just above $5 to over $9 and, as technical traders know, gaps tend to fill. Plus, Siyata’s 20-day simple moving average has been …

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