Behind Triggered Technicals, Low Float (HCTI) Surges To New 2+ Month High (On Alert)

HCTI is going strong this afternoon after the alert and needs immediate attention. Behind Triggered Technicals, Low Float (HCTI) Surges To New 2+ Month High (On Alert) November 15th Dear Reader, HCTI is going strong this afternoon after the alert and needs immediate attention. Hitting a high of approximately $4.87, HCTI is trading at levels it hasn't seen in over 2 months. Could this afternoon push lead to a break of $5.00 psychological resistance? With [Barchart]( reporting at least 11 triggered technical indicators across the short, medium, and long term, HCTI needs to remain high on your watch-list all the way to the close. Pull up HCTI before it's too late... ----- Time could be critical on this one... Right now, I'm bringing a new breakout idea to your immediate focus. Listen up, because this is where things could get interesting quickly. When profiles have floats this small, you gotta pay close attention as volatility can take hold in the matter of seconds. With fewer than 2Mn shares in its float, this could be one of the more volatile situations we've monitored in 2023. It could also be why this Nasdaq idea has been able to put together [multiple $1.00+ moves]( intraday and short term moves during the 2nd half of this year. Additionally, at close Tuesday, [Barchart]( was reporting this profile to have at least 11 different triggered technical indicators across the short, medium, and long term. Factor in some strong company announcements throughout the year along with game-changing contract [news]( (more in the full report), and this Nasdaq profile could be poised to impress ahead of 2024. Drop everything and pull up: *Healthcare Triangle, Inc. (HCTI)* Healthcare Triangle, Inc. based in Pleasanton, California, reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. THEY support healthcare providers including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes. And based on these 4 potential catalysts, HCTI needs to be on your radar immediately… No. 1 - A Low Float Could Provide The Perfect Environment For Explosive Volatility No. 2 - HCTI Receives Contract Expansion With Fortune 500 Biopharma Customer No. 3 - Multiple Technical Indicators Are Triggered Bullish Across Short Thru Long Term No. 4 - Fresh After Launch, Company's New Ransomware Protection Draws Initial Interest From Numerous Health System Clients But more on those in a second... HCTI Was Founded To Address Critical Needs In Healthcare IT HCTI's Technology Portfolio - Innovative Healthcare Transforming Solutions Proprietary CloudEz Platform - Enterprise multi-cloud management platform enabling customers to manage their cloud infrastructure across private, hybrid and public clouds - Industry-first automated infrastructure compliance platform to facilitate continuous compliance with regulatory requirements such as GxP, HIPAA and HITRUST Proprietary DataEz Platform - Cloud-native data science platform to enable personal healthcare data management and analytics - Unique capabilities to ingest, validate, store, securely analyze, and transform data from disparate sources; gain operational, financial, and clinical insights - Open API platform to integrate with leading visualization and reporting solutions Proprietary Readabl.AI Platform - AI software to recognize and extract healthcare information from documents, faxes and narrative reports on public cloud - Ingest and process documents using OCR and Computer Vision APIs Healthcare IT Services Utilized by 100+ hospitals across the US Cloud Transformation Services Multi-cloud Advisory > DevOps > SOC [Report Sources Here.]( ----- As mentioned above, HCTI has several potential catalysts to lock eyes on this second. Check them out: No. 1 HCTI Potential Catalyst - A Low Float Could Provide The Perfect Environment For Explosive Volatility According to the [Yahoo Finance]( website, HCTI has a very low float. The website reports this profile to have approximately 1.52Mn shares in its float. Why is that important? It's important on one crucial level. Volatility. With so few shares available, the potential for volatility rises (when considering the size of a profile's float). Could more positive company news towards the end of 2023 help provide a near term spark? ----- No. 2 HCTI Potential Catalyst - HCTI Receives Contract Expansion With Fortune 500 Biopharma Customer Healthcare Triangle Awarded Contract Expansion with Fortune 500 Biopharmaceutical Customer Agreement renews and extends top-five customer program for managed services PLEASANTON, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, and data analytics for the healthcare and life sciences industries, today announced that it has secured a multi-year program expansion contract with a top-five customer, a Fortune 500 biopharmaceutical company. The agreement extends the customer’s suite of cloud DevOps, data engineering, and data platform management solutions. “Over the past four years of this client’s program, HCTI has developed a high performance computing (HPC) environment supported by a custom deployment of DataEz™, our HITRUST-certified, fully managed AI engineering and analytics platform-as-a-service. This new agreement renews and expands our managed services engagement, reinforcing our value as a trusted advisor and a highly-engaged business partner,” said Lena Kannappan, head of business, strategy and partnerships for Healthcare Triangle. “Our expertise in challenging the status quo, providing strategic alternatives, and implementing creative, novel solutions in cloud transformation and cloud acceleration for pharmaceutical and life sciences organizations enabled us to broaden our range of services for this program. We are thrilled to continue this highly valued client relationship.” ... [Read the full article here.]( ----- No. 3 HCTI Potential Catalyst - Multiple Technical Indicators Are Triggered Bullish Across Short Thru Long Term I'm telling you right now... Don't discount HCTI's bullish technical indicators. At close Tuesday, HCTI was displaying several triggered technical indicators across the short, medium term, and long term. [Barchart]( was reporting these as triggered: Short Term Indicators - 20 Day Moving Average - 20 - 100 Day MACD Oscillator - 20 - 200 Day MACD Oscillator Medium Term Indicators - 50 Day Moving Average - 50 - 100 Day MACD Oscillator - 50 - 150 Day MACD Oscillator - 50-200 Day MACD Oscillator Long Term Indicators - 100 Day Moving Average - 150 Day Moving Average - 200 Day Moving Average - 100 - 200 Day MACD Oscillator Watch these technicals closely this week. ----- No. 4 HCTI Potential Catalyst - Fresh After Launch, Company's New Ransomware Protection Draws Initial Interest From Numerous Health System Clients Healthcare Triangle Ransomware Protection and Prevention Initiative Draws Initial Support from Multiple Health System Clients Company offers critical resources for seven key tenets of ransomware cybersecurity: education, assessment, preparedness, protection, detection, response, and recovery PLEASANTON, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced that its new ransomware prevention and protection initiative launched earlier this month is drawing initial interest and support from numerous health system clients seeking critical tools and guidance for preventing and responding to ransomware incidents. The Company is servicing multiple contract agreements for cloud backup and disaster recovery, enabling hospitals and health systems to move disaster recovery to the Amazon Web Services (AWS) cloud to secure resources and scale on demand. This helps to mitigate risks by increasing resilience and meeting compliance requirements. Elastic disaster recovery minimizes downtime with minimal RPO (recovery point objective) and RTO (recovery time objective) for immediate recovery to ransomware events. “The accelerating volume of national news about ransomware incidents is driving widespread demand for cybersecurity services. Our clients are seeking guidance and protection from solutions that are specific to the concerns and needs of healthcare systems and their patients,” said Lena Kannappan, head of business, strategy and partnerships for Healthcare Triangle. In July alone, one of the country’s largest providers confirmed a data breach impacting 11 hospitals and 12 million patients, and now faces at least four class action lawsuits. A prominent community hospital had to close its doors permanently due to a 2021 ransomware attack that caused devastating financial loss. IBM reported that ‘the average costs of a studied breach in healthcare reached nearly $11Mn in 2023 – a 53% price increase since 2020.’ Rural hospitals are particularly vulnerable to risk at these high costs. “Healthcare Triangle’s mission is to fill a leadership role as the authority on specialized cybersecurity and identity management solutions for organizations ranging from small community healthcare providers to large healthcare systems serving millions of patients. We are in discussions with multiple cybersecurity product vendors and public cloud providers to bring best-of-breed solutions to the hospital community,” Kannappan continued. “In just two weeks, our initiative has drawn a significant amount of interest from our existing health system clients and partners. This strong initial response bodes well for the continuing adoption of our critical resources for preparedness, prevention, detection, response, and recovery from ransomware attacks.” ... Commenting on Healthcare Triangle’s ransomware initiative, longstanding client CalvertHealth Medical Center stated, “Hospitals need to take solid steps toward ransomware resilience. With HCTI’s help we have implemented their Amazon Web Services-based disaster recovery solution in order to protect our patients' data.” [Read the full article here.]( ----- HCTI Recap - 4 Must-See Potential Breakout Catalysts No. 1 - A Low Float Could Provide The Perfect Environment For Explosive Volatility No. 2 - HCTI Receives Contract Expansion With Fortune 500 Biopharma Customer No. 3 - Multiple Technical Indicators Are Triggered Bullish Across Short Thru Long Term No. 4 - Fresh After Launch, Company's New Ransomware Protection Draws Initial Interest From Numerous Health System Clients ----- Coverage is officially initiated on HCTI. When time permits, do this: Get HCTI 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.) 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. Pursuant to an agreement between StockNewsWire LLC and Awareness Consulting Network LLC, StockWireNews was hired for a period beginning on 12/12/21 and ending on 12/14/21 to publicly disseminate information about (HCTI) via Website, Email and SMS. We were paid ten thousand USD via bank wire transfer. We own zero shares of (HCTI). Pursuant to an agreement between StockNewsWire LLC and Awareness Consulting Network LLC, StockWireNews was hired for a period beginning on 12/15/21 and ending on 12/16/21 to publicly disseminate information about (HCTI) via Website, Email and SMS. We were paid twenty-seven thousand five hundred USD via bank wire transfer. We own zero shares of (HCTI). Pursuant to an agreement between SWN Media LLC and Legends Media LLC, FierceInvestor (FI) has been hired for a period beginning on 3/28/23 and ending on 3/30/23 to publicly disseminate information about (HCTI) via Website, Email and SMS. SWN Media LLC was paid twenty-five thousand USD via bank wire transfer. We own zero shares of (HTCI). Pursuant to an agreement between SWN Media LLC and TD Media LLC, FierceInvestor (FI) has been hired for a period beginning on 11/15/23 and ending on 11/15/23 to publicly disseminate information about (HCTI) via Website, Email and SMS. SWN Media LLC was paid eleven thousand two hundred and fifty USD via bank wire transfer. We own zero shares of (HTCI). To date we have been compensated a total of seventy-three thousand seven hundred and fifty USD via bank wire transfer to disseminate information about (HCTI). A member of SWN Media LLC is also a member of TD Media LLC. 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