Holy HOLO! February 08, 2024 Does this Supernova stock have more to goð¥ Holy HOLO! *Sponsored by Lifewater Media Yes⦠Holy HOLO! Thereâs some HUGE movers and shakers today â so read on and be the best prepared trader on the Street! FOCUS LISTð HOLO - Up over 60% in pre-market after closing yesterday up over 1000% HKIT - Up over 400% in pre on HOLO sympathy ARM - Up over 25% in pre after beating earnings estimates SPOTLIGHTð¥ *Sponsored by Lifewater Media Everywhere is talking about how NVDA, SMCI and PLTR are crushing earnings and making new all-time highs thanks to AI-fueled growth. But what most are overlooking right now is how those AI efficiencies are helping SMALL companies exponentially accelerate their business. Thatâs where Spectral AI (Nasdaq: MDAI) comes into play today. Not only what the company does is amazing â applying AI technology in an attempt to revolutionize medical diagnostics for burn victims â but so is its price chart. Just look at the AI-powered âGoâ signals âGoâ signals for MDAI over the last several weeks: If you are an active trader, that chart is a thing of beautyâï¸ And just yesterday, I just saw a new âGOâ signal fire.  As long as this stock trades above the 20-hourly moving average (the yellow line on my chart above), I think MDAI is building bullish momentum. While most small stocks in this sector are still struggling to make their first dollar, MDAI just told investors they are [forecasting $28 million in revenue for FY2024.]( And thatâs just for THIS year! If that wasnât enough, MDAI dropped bombshell news about a $149 million award in their [shareholder letter]( this week!!! When you see headlines like that, you definitely need to dig deeper into the story. So please do your own due diligence. You can get started by checking out the investor info section on their [website]( and keep this firecracker on your radar! *Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. HOTLISTð¥ HOLO - Up over 60% in pre-market after closing yesterday up over 1000% MicroCloud Hologram Inc. (HOLO) is based in China and engages in the research and development, and application of holographic technology. Its holographic technology services include holographic light detection and ranging (LiDAR) solutions based on holographic technology, holographic LiDAR point cloud algorithms architecture design and technical holographic imaging solutions. In the after-hours Tuesday, [the company announced]( that it planned to join the Communications Industry Association. That was enough for the stock to be in play, but the catalyst turned out to be a major one. HOLO a stock with only 5.08million shares outstanding according to Finviz traded over 190 million shares yesterday and closed up over 1000% as shorts got taken to the would shed. In fact after closing at $18, HOLO traded over $50 in the after-hours. Itâs definitely one to have on your radar this morning, as we could see even more fireworks today. The $26 area has acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are $30, $32, $35, $40, $45 and then the after-hours high at $51. Beyond that $80 and $100+ come into play. Below $26, there is potential support at $23, $20, $15 and then $11. HKIT - Up over 400% in pre on HOLO sympathy Hitek Global (HKIT) provides information technology (IT) consulting and solutions to small and medium businesses in various industry sectors in China. HKIT is another low float China stock similar to HOLO and is trading in sympathy with the name. It was the highest gapper in the after-hours and that strength has continued in the pre-market as traders have pushed the stock up over 400% in the pre-market trading. HKIT, MLGO and WIMI are all in the HOLO sympathy basket today. The $6.60 area was resistance and then began to act like support in the pre-market. Above it, targets to the upside are $7.40 and then the pre-market high at $7.75. Beyond that, $9, $10 and $11+ come into play. Below $6.60, there is potential support at $6, $5.50, $5, $4, $3.40, $3 $2.50 and then a gap to fill at $1.14. ARM - Up over 25% in pre after beating earnings estimates Arm Holdings plc (ARM) architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services. The company supplies companies such as Nvidia and Apple to name a few. Yesterday [ARM reported]( Q3 2024 adj EPS of $0.29 beating the $0.25 estimate with sales of $824million vs the $761.61 million estimate. The company also guided FY24 Adj EPS of $1.20-$2.24 vs $1.07 with revenue of $3.155- $3.20 billion vs the $3.05 billion estimated. Investors cheered the earnings beat and increased guidance with the stock trading up over 25% in the pre-market after the earnings release. The $97 area has acted as resistance and now becomes a potential level of support. Above it, targets to the upside are $100, $101.80, $105 and then then the after-hours high at $108.89. Beyond that is all time highs, and targets such as $110 and $120 come into play. Below $97, there is potential support at $95, $92, $88.50, $85 and then a gap to fill at $77.01. MARKET NEWS ð° ð¥More Resources [For great training in options basics, start your journey Jeff Williams]( [Get instant access to Jeff Bishop's top trading ideas]( ð¡[Get the hottest stock ideas in Bright Ideas]( ðGet to the FRONT of the line with our trade alerts. 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