BCAN made a big statement 🚀

Editor’s note: I don’t know what Jeff is doing to find these trades, but I hope he doesn’t stop… --------------------------------------------------------------- *Sponsored by Lifewater Media. Please see disclosures below Hey, there. It’s Jeff Bishop, we need to talk. I keep sending you new “bright ideas 💡” each week… but are you paying attention? I mean, some of these ideas have delivered upwards of 90% or more in less than a week. I’m not talking about options… I’m talking about actual stocks here. Really. Have you ever seen anyone with the type of history I’m showing you? Do you think it’s just a “coincidence”? Am I “really lucky” when it comes to ideas? Possibly, just possibly, I might know a thing or two? For example, yesterday, before the market opened, I showed you BCAN as my “bright idea 💡” I said, “It is a low-float stock, with high insider ownership, a history of violent moves, along with some amazing technical reasons to consider it right now.” Sometimes the timing just lines up perfectly with the market. When you look at your email yesterday morning before the market opened, and then the closing price of BCAN… you can see that there was a lot of opportunity yesterday. (here is a closing screenshot from my phone) Maybe you had a pretty good day. Maybe 25% in a single day meant nothing to you? But, for most of the general, stock trading population in the world, 25% in a single day was probably something meaningful. I know it was for the 1000’s and 1000’s of people that did take the time to read my email yesterday morning. I’ll bet they had a pretty fun day! I really encourage you to take some time and look into BCAN right now. I think we’re in the early innings of something great here. Just this morning, BCAN released some [important news]( on the development of one of their key products… Yahoo also updated its technical indicators to “bullish.” If you missed my email from yesterday, here is a copy of what I showed you… ****************************************************** We have an exceptionally volatile week of trading ahead of us that will be dominated by large-cap tech earnings like AMZN, GOOGL, META, and MSFT, among others. Regardless of how those tech giants move the markets this week, I want you to keep a close eye on a new technical trading idea have found. Remember, some of the “bright idea 💡” alerts I have shown you lately have made moves of 26%, 45%, and even more than 90% in the days that followed. Of course, there are never any guarantees when it comes to trading, but I think this week’s idea has incredible potential right now. The stock is BYND Cannasoft Enterprises (Nasdaq: BCAN) There is a lot happening with BCAN right now. I’m not going to get into the details here, but I’d suggest you [take a look at this page](, where you can get a good start on your research about it. I really think it is important to focus on the technical aspects of the price chart right now. As a trader, I am salivating at what is happening right now with the stock right now. We have seen some absolutely explosive moves recently, which I highlighted in the chart below… Notice how each one of these moves was preceded by a crossover and break above the moving averages? Well, we’re seeing that exact same thing happen over the last few days of trading.  I don’t know if this will lead to another powerful move, as we’ve seen recently, but it is certainly a great signal to look at. Next, look at the bigger picture with this chart below… There is a lot going on here, but let me break it down for you. - With the huge price moves in the past, there was massive volatility. Over the last month or so, BCAN has been dead quiet. The volatility has compressed dramatically. The last few days, as you can see above, the stock has started to break out of that volatility band. - “The longer the base… the higher the space.” This is an old axiom technical traders use a lot. It means there is generally more upside the longer a stock trades in a tight range where it builds a “base.” BCAN has certainly been building a base for the last several weeks. - The lower part of this chart with the red dots shows the “squeeze pattern” building. This indicator gives you a visual of the “energy” a stock is building. Over the years, I have seen this pattern resolve with a big move higher as that energy is released. Overall, [I love the technical setup]( we are seeing with BCAN right now. It checks so many boxes for me. ✅ Here are a few other things to consider with BCAN… It is an extremely “low float” stock. This is probably why it has had so many violent moves recently. You can see below, the “float” on BCAN right now is reported by [Finviz]( to be [only around 1 million shares](! This means, there are only around 1 million shares out there available to trade, so of course, it can trade wildly either up or down. Also, check out the “insider ownership” above. Pretty crazy that [insiders hold 64% of the shares](. Even though BCAN has traded around 500% higher than current levels (it traded over $15/share in September of last year), [the insider activity]( is negligible. This means that insiders have not been out there rushing to unload shares whenever they can, even though they own a majority. That is definitely a great sign of support, if you ask me. Another potential outlier I see out there for BCAN is the fact it is trying to tag along with the “AI bandwagon.” If you have been watching the markets lately, you have probably seen some incredible moves from stocks that are vocal about incorporating AI in their businesses. Well, I think BCAN has a good chance of getting more exposure in that group.  Just look at this [news release]( BCAN issued a few weeks ago… Now, I don’t know what other news BCAN has in the pipeline, but this shows that they are trying to get the message out connecting their company with AI initiatives. 🤖 That sure sounds like a good move to me. I wish other stocks I own would get with the program like this! 😂 Overall, I think BCAN has a ton of potential right now.  It is a low-float stock, with high insider ownership, a history of violent moves, along with some amazing technical reasons to consider it right now. I think it is a great idea, and I am excited to see how things go this week for the stock! As always, I think it is important for you to do your own research before you ever buy a stock. You need to thoroughly understand the risks and potential rewards. A great place to start is by visiting the company’s [website](. Good luck, and I hope you have a great week of trading! To Your Success, *Please see disclosures below RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.]( DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. AnyRagingBull Service offered is for educational and informational purposes only and should NOT beconstrued as a securities-related offer or solicitation, or be relied upon as personalizedinvestment advice. 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