Nasdaq Idea (NISN) Full Tuesday Morning Update

Let's talk quickly. Nasdaq Idea (NISN) Full Tuesday Morning Update June 8th FierceAnalyst Reader, Let's talk quickly. The market is opening shortly and NISN needs to be at the top of your watch-list once again. Here's why... Yesterday was important for a couple reasons: #1. In a bullish move, NISN pushed through its 13-Day Exponential Moving Average and closed above that line. #2. NISN hit a high of $13.22. It was May 10th, almost a full month ago that this Nasdaq profile was trading at that level. NISN has been on a steady green trend for the past few weeks and Monday was no different from this recent stretch. With its strong green day, NISN displayed the potential of a low float profile after making an $.88 push from its open to its high. Could more be on the way today? Drop what you're doing now and get NISN on your radar. And if you haven't read my initial report below, do so this second. -----  I've uncovered a new Nasdaq breakout idea that could be run ready as several potential catalysts could fuel an upcoming vertical move in the short term. What kind of catalysts? Well, let's just say mega-revenue results, a low float, a chart displaying major growth potential is just the tip of the iceberg. That's why for today there is only one Nasdaq profile to have on your radar: Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) Nisun International Enterprise Development Group Co., Ltd is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and fin-an-cial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and fin-an-ce institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and fin-an-cial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, Ins, funds, state-owned enterprises, among other businesses. Focusing on industry-fin-an-ce linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. And, because of a handful of potential breakout catalysts, NISN requires your immediate attention today. Your #1 NISN Potential Breakout Catalyst - Low Float According to [Yahoo Finance]( NISN has a small float. The website reports this profile to have approximately 8.51Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With so few shares available for trading, potential driver indicators can send shares heading vertical in the short-term. ----- Your #2 NISN Potential Breakout Catalyst - Major Vertical Surge Chart History Take a moment and check out NISN's 1-Year chart: There is a lot to take in here. First off, let's rewind back to June of 2020. After dropping to a low of $10.95 on 6/4/20, NISN proceeded to go on an $8.00+ climb to a high of $19.00 on 8/4/20. During that 2 month span, NISN proved a 73% mover. Now let's creep forward a little bit... On 9/4/20, NISN dropped to a low of $10.41. Eventually climbing to a high of $18.57 on 10/6/20, this Nasdaq profile wasn't done yet. By the time 1/7/21 came around, NISN had risen $14.00+ to a high of $24.94. From That September 2020 low to that January 2021 high, NISN had blazed its way to a 139% surge. Here we are in the middle of 2021 and we've potentially seen the beginning of a bounce from possible support once again. On 5/14/21, NISN bottomed out at a low of $10.62 and has since climbed roughly $1.50 towards recent $12.00+ highs in June. Could this be the beginning of NISN's next potential vertical chart move? If so, you must take into account that this profile was trading at nearly 100% higher levels ($24.00+) in January of this year. Now, I'm not saying that NISN is going to go running to those levels today, but as the chart exhibits above, this profile has demonstrated the potential to climb up the charts, and climb big. ----- Your #3 NISN Potential Breakout Catalyst - Huge 2020 Financial Results Nisun International Enterprise Development Group Co., Ltd Reports Fiscal Year 2020 Fin-an-cial Results SHANGHAI, May 3, 2021 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through the integration of technology, industry, and fin-an-ce, today announced its audited fin-an-cial results for the year ended December 31, 2020. Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International, commented, "As we reflect on 2020, our business evolved both literally and figuratively. The onset of the CV-19 pandemic presented challenges to our business and pushed us to adapt and refine our business model to focus on SME fin-an-cing and supply chain solutions. Amid the mergers and acquisitions and dispositions, we are excited to see our strong fin-an-cial performance in the second half of 2020, as our business generated $42.2Mn in revenue in the 2020 fiscal year. Furthermore, we launched a new supply chain solutions fin-an-cing business, which is likely to further drive overall business growth. Looking ahead to 2021, Nisun remains committed to providing high-quality supply chain products and services to our clients." Fin-an-cial Results for the Full Year ended December 31, 2020 Revenues Total revenue from continuing operations increased to approximately $42.2Mn for the year ended December 31, 2020 from $2.5Mn for the year ended December 31, 2019. [Read the full article here.]( ----- Your #4 NISN Potential Breakout Catalyst - Announcement Of A Strategic Collaboration Nisun International Announces Strategic Collaboration Agreement with SHPGX SHANGHAI and WENZHOU, China, Dec. 21, 2020 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and fin-an-ce, today announced that Fintech (Shanghai) Digital Technology Co., Ltd, a contractually-controlled affiliate of the Company, has entered into a strategic collaboration agreement with Shanghai Petroleum and Natural Gas Exchange ("SHPGX"), a national trading platform for energy products. The two groups agreed to join forces to expand technology supported services to members of SHPGX's trading platform through the provision of supply chain management and fin-an-cial services, targeting upstream and downstream enterprises in the energy industry. "This collaboration marks another milestone for Nisun this year. The partnership gives the Company opp's to expand our presence in the energy field and build our target energy enterprise customer base," said Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International. "In addition, this agreement acknowledges that our products, services, and expertise were endorsed by a national-level organization. Nisun will leverage its resources, expertise, and advantages in supply chain management and fin-an-cial services to provide energy enterprises trading on SHPGX's platform with flexible, efficient, and quality fin-an-cial services. Moreover, based on this cooperation, Nisun International has established a new 'supply chain +' business model, which will be applied in our services to clients in other industries." [...] [Read the full article here.]( ----- Your #5 NISN Potential Breakout Catalyst - Forming A New Subsidiary Nisun International Announces Expansion and Formation of New Subsidiary SHANGHAI and WENZHOU, China, Dec. 15, 2020 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun" or the "Company") (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, and fin-an-ce, today announced that it reached a preliminary agreement with the government of Tai'an, Shandong province, to form a new subsidiary, Nisun (Shandong) Industry Development Co., Ltd. As part of its strategic plan for the year 2021, Nisun (Shandong) Industry Development Co., Ltd. will act as a key operations platform and holding platform for all of Nisun's existing Chinese subsidiaries. The new subsidiary is expected to be operational in the Spring 2021. Centered on Mount Tai, Tai'an is a city that encompasses several competitively advantageous industries, including modern and efficient agriculture, high-end chemicals, textile, modern logistics, and tourism. As a strategic partner of the city of Tai'an, Nisun's new subsidiary will receive credit facilities from local banks, business support, and other benefits from the local government. In turn, Tai'an will receive tax benefits and new opp's for employment as a result of the agreement. "We are excited to expand our footprint and continue serving our clients with enhanced capabilities and greater geographic reach. This new subsidiary exemplifies Nisun's commitment to supporting the increasing demands of our customers in China and expanding our customer base with industry-leading supply chain products and services," said Mr. Xiaoyun Huang, Chairman and Chief Executive Officer of Nisun International. "As we continue to introduce cutting-edge technologies, such as big data, AI, IoT, and blockchain to the supply chain field, we remain committed to providing high-quality supply chain products and services to enterprises in Tai'an as well as to our broader group of customers." [Read the full article here.]( ----- NISN Recap: Nasdaq Profile Potential Breakout Catalysts #1. Low Float #2. Major Vertical Surge Chart History #3. Huge 2020 Financial Results #4. Announcement Of A Strategic Collaboration #5. Forming A New Subsidiary ----- Coverage is officially initiated on NISN. When you have a chance, do this: If there are any more updates today, I'll get them out to you quickly. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer Fierce | 539 W Commerce St, Dallas, TX 75208 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by jaks@fierceanalyst.net