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Starting To Heat Up Again? Nasdaq Breakout Idea (BIMI) Is Up Approx. 26%

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fierceanalyst.net

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jaks@fierceanalyst.net

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Mon, May 22, 2023 03:54 PM

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BIMI could start testing new day highs which means it needs top spot on your watch-list. Starting To

BIMI could start testing new day highs which means it needs top spot on your watch-list. Starting To Heat Up Again? Nasdaq Breakout Idea (BIMI) Is Up Approx. 26%  May 22nd Dear Reader, BIMI could start testing new day highs which means it needs top spot on your watch-list. Up approximately 26% at the moment, BIMI has been heating up since right around 10:00AM EST. If BIMI is able to establish a new high of day ($1.22 current H.O.D.), this Nasdaq idea might be in for a wild afternoon. Remember, BIMI has a float of fewer than 3Mn shares according to [Yahoo Finance.]( That means volatility can show up quickly. Get BIMI on your radar before it's too late. ----- It's Monday morning and there's a new Nasdaq profile to saddle-up on your radar. This bad boy has a tiny float. We're talking fewer than 3Mn shares. What does that mean exactly? One big thing. It means volatility needs to be on immediate watch. Listen. Low float profiles have the potential to be exhilarating. They're typically characterized by having a limited number of shares available for public trading. In this case, fewer than 3Mn is on the lower end of low float profiles which means volatility could be extremely explosive in a blink. Drop everything right now and get this Nasdaq idea pulled up: *BIMI International Medical, Inc. (BIMI)* BIMI is a healthcare products and services provider, offering a broad range of healthcare products and related services and operates five private hospitals in China. The company currently operates in four segments: wholesale pharmaceuticals, wholesale medical devices, medical services and retail pharmacy. The wholesale pharmaceuticals segment includes supplying prescription and OTC medicines, traditional Chinese medicines (“TCM”), healthcare supplies and sundry items to clinics, third party pharmacies, hospitals and other drug wholesalers. The wholesale medical devices segment distributes medical devices, including medical consumables to private clinics, hospitals, third party pharmacies and other medical device dealers. Medical services include private comprehensive hospitals operating in China. And the retail pharmacy segment sells prescription and OTC medicines, TCM, healthcare supplies and sundry items to retail customers through its directly-owned pharmacies and authorized retail stores. [Grab more details here.]( ----- BIMI Is A Low Float Profile - Must Watch For Volatility According to the [Yahoo Finance]( website, BIMI has a tiny float. The website reports this profile to have approximately 2.72Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With this float size... Watch out. Just taking a look at BIMI's chart will reveal it has been capable of making multi-dollar jumps in no time at all. For example: #1. 5/23/22 - BIMI popped $4.00+ over 2 days. #2. 8/22/22 - BIMI ripped $3.00+ over 2 days. #3. 12/9/22 - BIMI surged $2.00+ intraday. Could another big move be right around the corner? Nothing is certain, but BIMI is [trading above]( its 5-Day and 13-Day Exponential Moving Averages in a bullish short term trend. ----- There's zero time to waste this morning. Coverage is officially initiated on (BIMI). When time allows, do this: Get BIMI on your radar now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Ownership of FI has now moved to a single individual. Disclosure: I am not a lic-ensed fina-ncial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. Fierce full disclosure is to be read and fully understood before using Fierce's website, or joining Fierce's email or text list. By viewing Fierce's website and/or reading Fierce's email or text newsletter you are agreeing to -> [( An owner of SWN Media LLC owns and operates smallcapfirm . com (“SCF”), owns and operates stockwirenews . com (“SWN”), and owns and operates stockstreetwire . com ("SSW"). From time to time, SWN, SCF, FI, and/or SSW will publicly disseminate information about a company via website, email, SMS and other points of media. We have not been compensated for today's profile on (BIMI). We own zero shares of (BIMI). Fierce | 401 W. Atlantic Ave, Ste R10 Unit #271, Delray Beach, FL 33444 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by jaks@fierceanalyst.net

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