Key Support Levels Strengthening? Low Float Nasdaq Idea (LYT) Maintains Above 50-Day SMA

LYT needs to be at the top of your watch-list right now. Key Support Levels Strengthening? Low Float Nasdaq Idea (LYT) Maintains Above 50-Day SMA July 21st Dear Reader, LYT needs to be at the top of your watch-list right now. After a slight pullback in after-hours yesterday, LYT continues to [hold strong above]( its 50-Day Simple Moving Average (SMA). And with it already trading above its 13-Day Exponential Moving Average (EMA), LYT could be building key support for it to try and run down its 200-Day SMA (approx. $.77+). Remember, this is a low float idea with fewer than 6Mn shares and has a big company update out this week. Drop what you're doing right now to get LYT on your radar before it's too late. ----- *Lytus Technologies Holdings PTV. Ltd. (LYT)* Lytus Technologies Holdings PTV. Ltd. is a growing platform services company. The Company’s business model consists primarily of distribution of linear content streaming/telecasting services and development of telemedicine products. And based on several potential catalysts, LYT needs to be at the top of your watch-list now. Check them out: No. 1 - With A Low Float, Volatility Will Need To Be On Watch (Closely) No. 2 - A Corporate Update Provides Clarity On What Could Be A Very Bright Future No. 3 - An Explosive Chart History Is Must-See Stuff (Major Short Term Mover Capability) No. 4 - A Huge 2023 Acquisition Further Establishes A Strong Presence In The Indian Market But more on those in a second... Company Overview Sub.scriber-based cable streaming company with stable growth and strong tech team. Providing a comprehensive and diversified range of bundled offerings across healthcare, fintech and streaming segments. Fintech platform services for sub.scriber-based technology entities for our sub.scribers and advertising entities in India. Developing post-production technology labs with patented technology workflow for 4 K & 8 K resolution, servicing all major. Hollywood studios; along with a high-end physical production studio for content creation in Hollywood. Transforming a nationally distributed American TV Network and OTT, in the U.S. Strong healthcare technology business with device integration for remote patient care and partnerships with existing hospital networks. Strong revenue base through a sub.scription model and advertising income in India. Developing technology platform services and generating revenues in the United States and in India. Company Highlights Active: Streaming Services Sub.scription: Lytus provides its retail and commercial customers with monthly sub.scription-based linear video services and Internet services. Customers: Strong nationwide customer base in Nationwide in India. Programming: 450+ Linear SD/HD channels through various content providers such as Star TV (Disney), Zee TV, Sony, Times Broadcasting, Discovery and others. Exclusive Content: Lytus creating original exclusive content in Hollywood & Bollywood Studios. Add-ons: IPTV & Broadband Value added lifestyle and fi.nancial services to platform customers. LYTUS Technologies Projections (5 Years) In USD Mn Sources: [LYTUS Company Presentation.]( ----- As mentioned above, LYT has several potential catalysts to focus on right now. Check them out: No. 1 LYT Potential Catalyst - With A Low Float, Volatility Will Need To Be On Watch (Closely) According to the [Yahoo Finance]( website, LYT has a low float. The website reports this profile to have roughly 5.67Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. Could positive company news towards the end of 2023 provide a breakout spark? ----- No. 2 LYT Potential Catalyst - A Corporate Update Provides Clarity On What Could Be A Very Bright Future Lytus Technologies makes significant progress on Broadband and IPTV Services Mumbai | New York, July 20, 2023 (GLOBE NEWSWIRE) -- Nasdaq-listed Lytus Technologies Holdings PTV. Ltd. (the “Company”) (NASDAQ:LYT), a leading global technology-driven services company, has recently shared updates on progress on its IPTV and Broadband Services. ... [Read the full article here.]( ----- No. 3 LYT Potential Catalyst - An Explosive Chart History Is Must-See Stuff (Major Short Term Mover Capability) Take a look at LYT's YTD chart below: Now, at first glance, this chart might not look too impressive, but take a second look. On multiple occasions in 2023, LYT was able to deliver strong short term runs. Here's a quick list: 1/20/23: Running from an open of $.92 to a high of $2.27 that session, LYT made a massive intraday leap of 146%. 4/13/23: From a low of $.5509 that session, LYT surged to a high of $.92 by 4/24 for a move of 66%. 7/19/23: Most recently, LYT exploded from a low of $.4027 that session to a high of $.6349 the next day for a move of 57% in a blink. LYT has been a quick hitter based on its YTD chart. Make sure to watch this Nasdaq profile closely. ----- No. 4 LYT Potential Catalyst - A Huge 2023 Acquisition Further Establishes A Strong Presence In The Indian Market Lytus Technologies Expands Footprint With Acquisition [Read the full article here.]( ----- LYT Recap - The Top Potential Breakout Catalysts To Know This Second No. 1 - With A Low Float, Volatility Will Need To Be On Watch (Closely) No. 2 - A Corporate Update Provides Clarity On What Could Be A Very Bright Future No. 3 - An Explosive Chart History Is Must-See Stuff (Major Short Term Mover Capability) No. 4 - A Huge 2023 Acquisition Further Establishes A Strong Presence In The Indian Market ----- Coverage is officially initiated on LYT. When time allows, do this: Get LYT on your radar right now. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) 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