This idea had a great start yesterday, and I am excited to see whatâs next⦠--------------------------------------------------------------- *Sponsored by Lifewater Media. Please see disclosures below. Hey there, it is Jeff Bishop⦠again! I was thrilled to see that BioSig Technologies (Nasdaq: BSGM) had such a great start for everyone who saw it yesterday when I first introduced it to you. The stock traded around $1.04 nearly all day long, it was pretty boring actually until the end of the day when it finally started to climb higher. BSGM ended the day up over 10%, and that is worth checking a simple email in the morning, if you ask me. 𤷠It doesnât really matter if you âlikeâ to trade when there is an opportunity to find something that can make a 10% move in a day, I think it makes sense to pay attention to it, donât you? Now, the fact that BSGM started to move so late yesterday makes me optimistic that we could be in the very early innings with this idea. There are no guarantees in life or trading, of course, but recall some of the recent ideas Iâve shared with you that started off very similar to this and then went on to make moves of 17%, 36%, 40% or more in the following days. Yesterday, I noticed that [Yahoo Finance]( upgraded their technical indicator events to reflect the very bullish momentum weâre seeing with BSGM right now. Yet another really strong signalâ¦Â I also noticed that [Tickeron](, has some great stats to look at for BSGM. These are the results of previous trading patterns we have seen for this stock in the past. The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BSGM's RSI Indicator exited the oversold zone, 32 of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend 84%. The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 57 of 67 cases where BSGM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend 85%. Following a +15.53% 3-day Advance, the price is estimated to grow further. Considering data from situations where BSGM advanced for three days, in 236 of 274 cases, the price rose further within the following month. The odds of a continued upward trend 86%. We all know that you canât 100% predict the future based on past trading, but these are very solid predictions based on the exact same type of trading setups we are seeing right now. I donât rely on one single indicator as a trader. Rather I look at a blend of lots of different charts, analysis, and indicators and then come to a conclusion that makes the most sense for me as a trader. If you missed the email I sent out yesterday, I copied the highlights of it below so you can get up-to-speed with BioSig Technologiesâ (Nasdaq: BSGM) before the trading session gets underway today. ************************************ One of the great things about medical devices is that the FDA clearance hurdle is much lower than it is for drug makers. Case in point, BioSig Technologiesâ (Nasdaq: BSGM) first product, the PURE EP⢠System, is an FDA 510(k) cleared non-invasive class II device, that provides superior, real-time signal visualization allowing physicians to perform insight-based, highly targeted cardiac ablation procedures with increased procedural efficiency and efficacy. (1) This means it has already passed the tests and is ready to go! In fact, to date, physicians have [completed approximately 3000 patient cases]( with the BioSig Technologiesâ (Nasdaq: BSGM) System. But first, letâs focus on the price action this year so far. Just look at this chart where I have highlighted the direction changes that were signaled by my custom indicators⦠  Nothing in trading is completely âpredictable,â but notice how every time this year the stock has made a major move higher after the indicators crossed over and the stock traded above them? Well, right now, we are on the verge of another crossover event. The stock has entered a consolidation phase and is now starting to wake up. If you look at previous events, those upward moves have been absolutely explosive. ð¥ To put it in perspective, just look at how BioSig Technologies (Nasdaq: BSGM) has performed this year vs the SPY. $1000 invested in BSGM at the start of the year would now be over $2500. ð° $1000 invested in SPY at the same time would be $1080. This is why it is so important to pay attention to the right stocks and make sure you follow them closely. Small stocks like this just have incredible potential right now, if the catalyst is right. Even SeekingAlpha seems to agree with me. Look at this perfect âA ratingâ they show right now for BioSig Technologies (Nasdaq: BSGM) when it comes to momentum (2)⦠That is probably why all analysts covering the stock have it rated âBUYâ or âSTRONG BUYâ right now. And get this⦠the [average analyst rating]( puts a price target for BioSig Technologies (Nasdaq: BSGM) over 300% higher than where it is today (3). When a stock is only trading for âpocket change,â like BSGM, it certainly doesnât take a lot for it to reach those kinds of price targets.  These analysts should know what they are talking about. It is their job, after all. I hope they are right! I can see why analysts are starting to wake up to the story with BioSig Technologies (Nasdaq: BSGM) as well. Their main [product has a massive market opportunity](, it has cleared FDA approval, and now sales are starting to ramp up! (4) I love the price chart right now and the trading action lately. It is awesome to see analysts onboard with this too. The technicals look pristine to me. But, I have to say one of the things I like most here is the fact that we have seen such [strong insider buying]( (5).  Every executive will talk a good game about their own stock when they get in front of the public. But, how many small company execs do you see actually put their money where their mouth is and buy their own stock? Well, you can see the BioSig Technologies (Nasdaq: BSGM) team has been very active in the market for their own stock lately⦠I have to say, I was kind of shocked to see this. Usually, when I pull up insider transactions, it is a flood of selling, not buying â and for good reason! Maybe the BSGM guys know something here?? I am running out of room in this email, there are so many strong points I wanted to bring up! But before I wrap this up, I wanted to get into a little more detail about what the company actually does. BioSig Technologies (Nasdaq: BSGM) is an advanced digital signal processing technology company bringing never-before-seen insights to the treatment of cardiovascular arrhythmias. Their PURE EP⢠Platform applies a unique combination of hardware and software to accurately capture intracardiac signals with unprecedented clarity and precision. By viewing pure signals that are absent of saturation, interference, or noise from other medical equipment, physicians can respond to even the most complex cardiac arrhythmias with insight-based, highly targeted cardiac ablation procedures. (PURE EP claims to capture critical cardiac signals â even the most complex â to enhance clinical decision-making) BioSig Technologies (Nasdaq: BSGM) operates within the rapidly growing electrophysiology (EP) marketplace â a [market projected to reach $16B]( by 2028 with a 11.2% growth rate (6). They have a signed [Master Research Agreement]( and announced a Multi-System Evaluation Agreement with Cleveland Clinic, ⦠and a signed Purchase Agreement with San Antonio Methodist Hospital. ⦠and a signed Purchase Agreement with Kansas City Rhythm ⦠and a Master Agreement with Hospital Corporation of America ($75 BILLION market cap industry leader) On top of all of that, BSGM even has 50 allowed & issued design and utility patents. There is a lot going on here! While I like BSGM a lot for all of the reasons I mentioned above, I really think you should spend some time doing your own research and learn more about the risks and potential rewards. A great place to start is by visiting their [website](. Good luck, and happy trading! To Your Success, *Please see disclosures below RagingBull, LLC
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