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Earnings season in full swing, big movers inside

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360wallstreet.io

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360wallstreet@mail.beehiiv.com

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Fri, Apr 19, 2024 01:11 PM

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What you need to know

What you need to know                                                                                                                                                                                                                                                                                                                                                                                                                 April 19, 2024 Earnings season in full swing, big movers inside Sponsored by Good morning, 360! Don’t forget to join us today for LIVE trading in the [Market Master’s Room](. JW will be live 9-11 and 3-4 EST today. Friends don’t let friends trade alone in this Market! (P.S. If you like our content, please give our ad a click 🙏!) FOCUS LIST🔎 WLGS - Up over 25% in pre after reporting earnings and 210.6% gross profit increase AULT - Up over 20% in pre after announcing receipt of $44 million to date from November 2023 securities purchase agreement WBUY - Up over 15% in pre after reporting earnings, launch of travel business in Indonesia *sponsored by RYSE Invest before this company becomes a household name What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you? Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore.[RYSE]( has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide. They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts. [Learn how you can become a shareholder.]( HOTLIST🔥 WLGS - Up over 25% in pre after reporting earnings and 210.6% gross profit increase WANG & LEE GROUP Inc. (WLGS) operates as a construction contractor in Hong Kong and Mainland. The company engages in the contract engineering, installation, and out-fitting of electrical systems, mechanical ventilation and air-conditioning systems, fire safety systems, and water supply and sewage disposal systems for the public and private sectors. In the after-hours yesterday the [company reported]( full year 2023 earnings. Highlights included: Revenue increased by 63.7% to $6.83 million for the fiscal year 2023 from $4.17 million for the fiscal year ended December 31, 2022 Gross profit increased by 210.6% to $2.44 million for the fiscal year 2023 $0.79 million for the fiscal year ended December 31, 2022, respectively. The stock traded up over 25% in the pre-market in reaction to the earnings report. The $0.61 area has acted as support so far in the pre-market and will be an important level to watch. Above it, targets to the upside are $0.67, $0.70, $0.75, $0.83, and then the pre-market high at $0.9498. Below $0.61, there is a gap to fill at $0.50. AULT - Up over 20% in pre after announcing receipt of $44 million to date from November 2023 securities purchase agreement Ault Alliance, Inc. (AULT) through its subsidiaries, provides customized solutions for the military markets in North America and internationally. In the pre-market this morning, the [company announced]( that its affiliate Ault & Company had invested a total of $44.0 million pursuant to the Securities Purchase Agreement entered into between the Company and Ault & Company on November 6, 2023. Under the Agreement, as amended, Ault & Company can invest up to $75.0 million in the Series C Preferred Stock and Series C Warrants in multiple closings. When I started this journey with the Company in 2017, we had just reported less than $8 million in annual sales, and today we are projecting annual revenue in excess of $200 million for the current fiscal year as we focus on our core businesses: Sentinum data centers; Circle 8 crane rentals; and investing and lending. Milton "Todd" Ault the company’s CEO stated: When I started this journey with the Company in 2017, we had just reported less than $8 million in annual sales, and today we are projecting annual revenue in excess of $200 million for the current fiscal year as we focus on our core businesses: Sentinum data centers; Circle 8 crane rentals; and investing and lending. The stock traded up over 20% in the pre-market in reaction to the news. The first major target for bulls is the pre-market high at $0.3172. Beyond that, $0.40, $0.53 and $0.80 come into play. Below $0.3172, targets to the downside are $0.2650 and then a gap fill at $0.2421. New to Options Trading? How does trading ONE Stock, Every Day sound? [Dip your toe in with JW and his crew in Market Navigator!]( We know you can do it 💪 WBUY - Up over 15% in pre after reporting earnings, launch of travel business in Indonesia Webuy Global Ltd (WBUY) operates as an e-commerce retailer company in Singapore, Indonesia, and Malaysia. It sells food and beverages, fresh produces, lifestyle daily essential items, e-vouchers, miscellaneous daily needs products, and other personal care products, as well as sells packaged tours. In the pre-market this morning, the [company reported]( full year 2023 earnings. Highlights included: - Total revenues increased 38.4% to US$61.7 million from US$44.6 million in the full year of 2022. The increase was mainly driven by sales of groceries in the Indonesian market and demand for the Company’s tour packages in Singapore. - Gross profit increased by 38.4% to US$5.1 million from US$3.8 million in the full year of 2022. WBUY also announced the launch of a travel business in Indonesia, and expanded into a insurance referral program. The stock traded up over 15% in the pre-market after the news. $0.36 was resistance in the pre-market and will be an important level to watch. Above it, the first target to the upside is the pre-market high at $0.3978. Beyond that, $0.4350, $0.5 and $0.6 come into play. Below $0.36, there is a gap fill at $0.31. MARKET NEWS 📰 MORE Great Trading Resources: [Get instant access to Jeff Bishop's top trading ideas]( [For great training in options basics, start your journey Jeff Williams]( 💡[Get the hottest stock ideas in Bright Ideas]( Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. *ISSUER-PAID ADVERTISEMENT: This Issuer has previously paid RagingBull.com, LLC (“Raging Bull”) thirty thousand dollars in cash and thirty thousand in shares to run advertisements enhancing public awareness of the company. Raging Bull is currently invested in this company. RagingBull is currently an Affiliate for RYSE. If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers mentioned in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. [tw]( Update your email preferences or unsubscribe [here]( © 2024 360 WallStreet 62 Calef Hwy. #233 lee, NH 03861, United States of America

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