We sure have been packing a lot into this short week, and this morning we have another new interest in EVLI. Everlert owns and operates TotalPost Services, Inc. which manufactures and sells high-grade postage ink cartridges that are approved by the US Postal Service. The company distributes its products primarily on a wholesale basis.
According to the EVLI‘s website, “Based on annual sales, production, customer service and quality of its products, the issuer is ranked in the top three of all whole sellers of postage ink cartridges located in the US.”
This stock is currently exhibiting characteristics that we like, namely the fact that it is coming up off of its recent annual low. We’ve had tremendous good fortune lately in finding 52-week low plays, which history has taught us can provide some excellent opportunities. Bargain shopping, bottom-feeding; whatever you choose to call it, we call it high potential.
So is the case with EVLI given its current positioning. After hitting bottom four sessions ago, the stock has posted three consecutive days of higher lows and higher highs and yesterday broke through its 50DMA; a strong signal that a recovery is in effect. You can also see that the RSI is rising sharply toward the Power Zone, while the MACD just underwent a bullish cross.
We also caught some news hitting the wires around the closing bell yesterday:
MONROVIA, Calif., Sept. 3, 2014 (GLOBE NEWSWIRE) — Everlert, Inc. (the “Company”) (EVLI), is pleased to announce that it has entered a contract with Keystone Gate Company for strategic development services. The services will include implementing new technology to increase efficiency and effectiveness in marketing and overall management, integrating systems to enhance information flow with customers and internally, developing a strategy to address domestic and global competition, and designing systems to better measure results. >> FULL PR
OTHER RECENT PRESS:
- Everlert Retains BUYINS.NET to Surveil Short Sellers and Market Makers (Thu, Aug 28)
- Everlert Inc. Reports Significant Highlights of Quarterly Report for the Second Quarter 2014 (Wed, Aug 20)
- Everlert, Inc. Announces Totalpost Services, Inc. to Manufacture Its Quality Ink Cartridges for the US Postage Meter Industry Domestically Beginning in January 2015 (Tue, Aug 19)
EVLI’s Website can be found @ www.everlert.net