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A hidden “treasure” awaits 🎁

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bullseyeoptiontrading.com

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bullseye@b.bullseyeoptiontrading.com

Sent On

Fri, May 10, 2024 01:04 PM

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Let’s extend the win streak!

Let’s extend the win streak!                                                                                                                                                                                                                                                                                                                                                                                                                 May 10, 2024 | [Read Online]( A hidden “treasure” awaits 🎁 Let’s extend the win streak! Today, it looks like markets are trying to stage a rally to end the week. I thought this would happen, but I expected a bigger pullback before it moved higher again. Hard to believe, but we are getting close to all-time-highs once again, and a brief pullback a few weeks ago. But the biggest action has been with smaller stocks. Remember last week, when I alerted DTCK to you when it was trading just over $1? If you put $1000 into that idea, you would have seen it grow to over $1600 this week. Just before that, I showed you a small biotech company I thought was primed to run. It went on to move over 20% the same day, and then hit a new 52-week high yesterday (now up 30% since I told you about it last week) And even yesterday, I showed you a new stock that is trying to find a vaccine for Bird Flu… it ran over 20% just hours later, and then it also hit a new 52-week high yesterday. Today, I’m putting it on the line with something I think could be huge. If this stock only moves 10%... I’ll honestly be disappointed. I think this idea has much more potential. But I have to warn you… this is going to be a volatile trade. If you can’t handle big swings, you should leave now. However, if you are like me and love fast-moving stocks, you are going to love this one! Log on to your stock platform and look up Treasure Global (TGL) right now. The first thing I want to point out is the series of “GO” signals right at the 20-hour moving average. I circled the last 3 times that happened over the past few weeks on the chart below… That one signal (which you know I love), has led to 3 rallies in the double (or TRIPLE) digits. Now look at the signal at the end of the chart that just fired. It is perfect. It is another “GO” signal right above the hourly line. That already caused a nice move from oversold levels, and it could be the start of something much bigger. For the key levels I am watching, I first want to start with the lower level support around $4. You can see that level was tested twice in the last month, and it held up. If I see the stock close under $4, that would be a deal breaker for me. On the upside, first look at the $5 level where TGL struggled to break a couple of weeks ago. Then, it touched it again this week. If TGL can move past $5 with convincing volume, I think that could establish a new support level (which would also act as a new stop loss on a closing price, for me at least) Oddly, TGL seems to respect nice, round $1 levels. After $5, the next level that stands out is $6, which is where the stock found resistance in early April. If the stock gets there, that is a massive win, and who knows where it could go from there. It’s also important to note that TGL is a recent “reverse split” stock. In this case, the company issued 1 new share for every 70 that existed prior to that. That means there is a lot less stock to trade, and the price moves can be extraordinary large, in either direction. So get ready, because this might be a big one today! Treasure Global Inc (TGL) is a Malaysian e-commerce company whose mission is to “bring together the worlds of online e-commerce and offline physical retailers.” Its proprietary app, ZCITY, is kind of like Google Pay meets Groupon, but Malaysian style. ZCITY gives users a simplified e-payment solution while allowing them to earn rewards from cash rebates to exclusive discounts and vouchers. From the merchant side, companies can send ZCITY users personalized deals based on purchase history, location, and preferences — all powered by artificial intelligence. ZCITY even allows users to pay things such as utility bills, rent, or TV subscriptions, all while earning “Zcoins,” which can be redeemed for a variety of rewards. Launched in Malaysia in July 2020, ZCITY has already achieved significant market penetration, with 2,680,000 registered users and 2,000 registered merchants/brands as of December 2023. To put that in perspective, Malaysia’s population is 34 million, meaning 8 percent of them are registered users on ZCITY. TGL’s other main app is TAZTE, which is kind of like the Malaysian Yelp but with payment integration via ZCITY. Merchants can set discounts, provide rewards, and offer loyalty programs all through the app. It also features inventory management and consumer behavior analysis. Tazte App The company has a variety of revenue streams: - E-vouchers — “Users can purchase ewallet reload vouchers, petrol vouchers, shopping vouchers with instant rebates” - Zmembership — “Offering bundles of discounted promo codes and attractive Zcoins to enhance consumption” - Zstore — “An ecommerce platform to earn more rewards while purchasing goods; referral program; lower prices with the Group Buy function” - Bill Payment — “Offering more than 15 billers enabling users to pay utility bills, loans, etc in 1 app” - TAZTE — “An end-to-end smart order system focused on SME Food & Beverage (F&B) Merchants” - Foodlink Global — “F&B franchisor revenue streams including start up fee and monthly licensing fees” - Others — “Miscellaneous income e.g. affiliate income, commissions and advertisement, etc” As mentioned, TGL has achieved significant market penetration within Malaysia, but its ultimate ambition is to become “one of the most well-known commercialized applications throughout Southeast Asia and Japan.” Specifically, the company has its sights on Indonesia, Thailand, Vietnam, and Japan, which combined have a population nearly 17 times the size of Malaysia. But even just in its Malaysian market, TGL claims it brought in $69.4 million in fiscal 2023 revenue, with a gross profit of $573k — up 10% from the prior fiscal year. Spend time right now doing your own research on the stock, and of course, always approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration. Bottom line: I have seen recent reverse split stocks go absolutely bonkers lately. The combination of great news (by the way, make sure you r[ead the press release]( from yesterday covering the company’s AI marketing engine), and a very limited amount of shares available for trading can lead to some breathtaking moves. With TGL sitting at such an irresistible level right now, I am so excited to see where it goes today. I think this will be an excellent educational opportunity for us all. To Your Success, Jeff Bishop P.S. Make sure you join me and over 1000 traders in the [Market Master’s trading room]( today for live trading signals and education. You can access it at no cost right now. If you have trouble reading anything in this email, please visit [here](. [tw]( Update your email preferences or unsubscribe [here]( © 2024 Bullseye Trades 62 Calef Hwy. #233 Lee, NH 03861, United States of America

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