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
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