New NASDAQ Alert [Inside]

AwesomeStocks Hello! New Alert: SuperCom Ltd. (NASDAQ: SPCB) SPCB is an overlooked hidden gem with high growth potential and multiple recent developments. Yesterday, SPCB rallied above its 5 day moving average, presenting a bullish breakout opportunity. The last time something like this happened was in January. Afterwards, SPCB rallied from 1.79 to a high of 2.70, experiencing upwards of 50% as it approached its 200 day moving average. Since this rally, SPCB has consolidated those gains, despite announcing multiple accomplishments. Now, SPCB has a 200 day moving average of 2.71, more than 54% above yesterday’s close. In addition, with a RSI of 30, SPCB presents increased upside potential. SPCB is a “global provider of secure solutions for the e-Government, IoT, and Cybersecurity sectors”. “Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world.” “Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors.” SPCB offers a “unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.” “Safend, its data protection and cybersecurity subsidiary” is a “leading developer of information security solutions for organizations that provide extensive protection of sensitive corporate information found in the organization's computers”. “Safend has sold more than 3 million licenses for its products to over 3,000 customers worldwide.” In October, the company announced: “SuperCom Reports Year-over-Year Revenue Growth of 102% for the Third Quarter 2022” - “Reports Q3 Revenue of $6.3 million and Gross Profit of $2.1 million, approximately double compared to the third quarter of last year, and swing to Positive EBITDA of $0.4 million” One of the company’s “Recent Business Highlights” include: - “Won and launched a $33 million national EM project in Romania, the largest new European EM project awarded in the industry this year. With a focus on domestic violence, the project is expected to help protect up to 15,000 families per month over a six year period and includes the deployment of SuperCom's PureSecurity Electronic Monitoring (EM) Suite for Domestic Violence monitoring, GPS Tracking of offenders, and a home detention monitoring program.” Here are some of the company’s comments from this press release: "In recent years, we have worked tirelessly to build Supercom's reputation in the IoT offender tracking space while gradually climbing the value chain of the projects we've won and executed. We are proud to have won the largest European Electronic Monitoring project launched this year, valued at over $33 million. We believe that we have developed the best technology in the market and the necessary infrastructure to support EM projects of almost any complexity and magnitude, as we've repeatedly demonstrated over the past years. We also believe that the stellar reputation that we've built will serve us well as we strive for further growth and continue to participate in tenders for additional projects around the world," commented Ordan Trabelsi, President and CEO of SuperCom. "We're gratified to start to realize the significant return we had expected from our years of investment in the IoT division, as reflected in our third quarter financial results. Revenue reached $6.3 million, a year-over-year increase of 102%, and a quarterly sequential increase of 98%. New project launches and orders from existing customers in Europe and North America also supported revenue growth. This quarter the IoT division grew 150% year over year, which was significantly more than the decline in the legacy business, leading to strong total revenue growth." In November, the company announced: “SuperCom Wins New Project in Northern California Valued at up to $4.25 million” - “Project Expected to Increase Annual Recurring Revenues by approximately $850,000 and Provide a Platform to Offer a Full Range of Services to the County” The company also announced: “SuperCom's Cyber Security Division Announces $600,000 in Orders” - “Major defense and government security organizations have purchased renewals for over 50,000 licenses cumulatively with an option for expansion” In December, the company announced: “SuperCom's Cyber Security Division Announces $270,000 Order” Here are the company’s comments from this press release: "We are happy to continue working with this long-term customer. Our team has had a strong partnership with this agency and has helped safeguard its critical assets and provide it with reliable and effective cybersecurity solutions over the years," said Ordan Trabelsi, SuperCom's President and CEO. "As the threat of cyber attacks continues to grow, it is crucial for companies and organizations to have robust cybersecurity protection measures in place," continued Mr. Trabelsi. "We are proud that our cutting-edge technology helps our clients protect their critical assets and ensures the security of their systems and data." Most recently, on Wednesday, the company announced: “SuperCom Launches $3.6 Million National Electronic Monitoring Project in Finland” Here are some of the company’s comments from this press release: "We are proud to announce another successful project launch in Europe. The growing number of countries opting for advanced EM solutions highlights the increasing need for exceptional technology in this industry. We take pride in the fact that our innovative and proven technology is chosen repeatedly, allowing us to continue revolutionizing the EM industry as we enter new European countries," commented Ordan Trabelsi, President and CEO of SuperCom. SPCB has multiple catalysts in its favor to experience increased growth. Make sure to do your own due diligence. Sources: [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the “Publisher”). The information (collectively the “Advertisement”) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. 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