⚡Today’s Spotlight stock is – WRAP ⚡

This year has been brutal for small-cap stocks. I started watching this stock very closely after the latest earnings report came out on Nov 9th. Hey, it’s Jeff Bishop here again. This year has been brutal for small-cap stocks. I see many that are down 90% on the year now. It has been dismal for most companies. WRAP Technologies (WRAP) was headed in the same direction until recently. I started watching this stock very closely after the latest earnings report came out on Nov 9th. Metrics for the company have started to rebound, and coupled with the oversold stock price, it caught my attention. After watching it go straight up for the last 13 days in a row, I spent some time digging into it more. I mean, how many charts like this have you seen lately? Earnings were pretty good, but not the kind of stellar report that I would expect to drive the stock up 80% in the last couple of weeks. Sales and earnings expectations are really strong, though. How many other stocks are looking at 86% forecasted revenue growth in this challenging market environment? I also found that insiders have quietly started to buy stock again. This is a huge bullish signal, and I can now see why traders are latching on to this idea right now. Check out this chart of insider buys on WRAP since earnings were released: Impressive. Show me another $2 stock with insider buying like this recently? I’ll wait… I will be keeping a close eye on this now and see if more insider buys (or sells) pop up soon. I am also going to keep a close watch on the stock now. Technically, the low $2-range is where you’ll find both the 200-day moving average and also the 5-day moving average. Both of those are key indicators I use to determine bullish trends, and WRAP is clearly trading above both of those. I would like to see a dip near those levels for a chance to make an entry and get started on this as a trade. Yahoo Finance agrees with me too. All technical indicators are lighting up green like a Christmas tree right now: Check out this [very cool investor presentation page]( on the company’s website also. Overall, I think this is a great stock to keep your eye right now – I know that I will be. Strong earnings forecasts, insider buying and extremely bullish trading lately. All in a $2 stock. These are exactly the kind of things I am looking for in stock! You’re welcome. Until next time… 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email [Support@360.com]( © Copyright 2022, RagingBull - Refund Policy - Privacy Policy - Terms & Conditions DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [h]([ttps://ragingbull.com/disclaimer]( FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull 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. Employees, owners, and other service providers of []( or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. 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 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. [tw]( Update your email preferences or unsubscribe [here]( © 360wallstreet 62 Calef Hwy. #233 lee, NH 03861, United States [Publish on beehiiv](