Harmonic Energy, Inc. ASUV
This morning, our extended watchlist included a reference to “ASUV (Chart Setting Up For Dead-Cat Bounce)” and as it turned out, the stock has thus far proved us correct- running to a high of .085, after being as low as .055, marking a chance at a possible gain of 55% intraday.
This is a prime example of why we sometimes sound like a broken record when it comes to continually reminding our followers to read through our reports in their entirety, because our extended watchlist often contains hidden winners like this one.
Judging by today’s activity, our timing was perfect, and we aren’t done looking for gains out of ASUV yet. As you can clearly see on the chart below, the stock was heavily oversold, and is beginning to exhibit the signs of a recovery that we will want to keep an eye on moving forward.