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💡Today’s “Bright Idea” has homerun potential

From

ragingbull.com

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support@ragingbull.com

Sent On

Mon, May 22, 2023 01:34 PM

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I am going to keep today’s alert short and sweet. I want to introduce you to BIMI International

I am going to keep today’s alert short and sweet. I want to introduce you to BIMI International (BIMI) Sometimes, I think a stock is worth looking at because of some news the market has missed, a fundamental story that isn’t getting enough attention, or maybe I think there is a deeper story if we do some research and connect the dots. Today, forget all of that. This is simply a technical alert that I think has the opportunity to make a big move. Here are the facts: BIMI has a very high level of insider ownership, a very small float, and a good amount of short interest, as you can see in these stats from [Finviz](… On top of all of that, right now, I think BIMI is setting up perfectly on a technical level. When I overlay my custom trade scanners, you can see that over the last few weeks, BIMI has quietly been building momentum. See the red dots I circled in the chart below? That signals a potential “squeeze pattern” forming.  When this happens, a stock is usually going to make a big move (one way or another) in a short period of time. In the last few days, BIMI has once again been consolidating in an incredibly narrow range, and I think it has all the makings of a stock that could make a big move higher from here. When a stock is as small and low-priced as BIMI, you can see some absolutely explosive moves if you happen to catch it at just the right time. I really like the odds of this one, and I wanted to share it with you as we start a new week. As of the market open today, I haven’t bought any shares yet, but I plan to make a move soon. Because BIMI can be such a fast-mover, I don’t have a price target on it for the upside, though it has traded much, much higher than current levels recently. If I can make 10-20% on BIMI, I would be thrilled with that! On the downside, I will be looking to see if the $.75 level holds up, which has been the recent support, and is also the 200-hour moving average, as you can see on the blue line in the chart above. I always enter a trade with my stop loss in place first, just in case I am wrong. I don’t want to risk more than I can afford to lose, and I hope you never do either! Which brings me to another point. Make sure you understand the risks and rewards of any stock you decide to trade. Just because I like this one, doesn’t mean it is right for you. I have my own trade parameters and a plan for BIMI, and you should do the same. A great place to get started is by visiting the company [website]( and learn about what they are doing. By the way… 👉 Text “RAGE” to (888) 404-5747 to get all of my latest HOT STOCK ideas! 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. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor(IA), or IA representative with the U.S. Securities and Exchange Commission, any state securitiesregulatory authority, or any self-regulatory organization. WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services. However, Ragingbull.com, LLC, its owners, and itsemployees may purchase, sell, or hold long or short positions in securities of the companies mentioned inthis communication. In the event that any suit or action is instituted as a result of doing business with RagingBull.com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull.com, LLC shall be entitled to recover attorneys’ fees, costs and disbursements in addition to any other relief to which it may be entitled. If you have a current active subscription with Bullseye Trades you will need to contact us if you want to cancel your subscription. Opting out of emails does not remove you from your service at Bullseye Trades.

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