Sysorex Inc. SYSX stock price is up 180% in the last 5 days & volume is up 376%, but is it over for this breakout stock?
There is an old adage, “two heads are better than one”, so let’s collaborate on SYSX and compare notes.
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns. I believe the stock market is not gambling, it is also not fool proof, but I have developed a dependable system. I have found some critical components to success for SYSX, tell me what you think.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for SYSX is, a 🔥🔥🔥 3 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting system for breakout stocks.
To find out more about my story, CLICK HERE
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Sysorex Inc. Company Information
Company Name: Sysorex Inc.
Ticker: SYSX
Exchange: OTC
Website: https://sysorexinc.com/
Sysorex Company Summary:
Sysorex, Inc. engages in the provision of information technology (IT) and telecommunications solutions and services to enable customers to manage, protect, and monetize their enterprise assets whether on-premises, in the cloud, or via mobile technology. Its products and services are grouped into the following categories: Professional Services and IT Solutions. The Professional Services category offers a full range of IT development and implementation professional services, from enterprise architecture design to custom application development. The IT Solutions category includes data center, cloud computing, enterprise servers, storage, networking, virtualization, mobile computing, security networking, cyber security, collaboration tools, security and data protection, IT service management tools, and big data analytics. The company was founded on January 3, 1994 and is headquartered in Herndon, VA.
SYSX stock price is due to News?
May 5th 2022
“At the outset, I would like to thank our valued shareholders, many of whom like Bigger Capital Fund, LP and District 2 Capital Fund LP, which issued an open letter to shareholders earlier this week, recognize the significant “untapped potential” in Sysorex,” stated Wayne Wasserberg, CEO of Sysorex. “While markets have been under severe pressure over the last six or more months given economic news and world events, and this time has seen a commensurate decline in the value of crypto assets, Sysorex firmly believes in the future of the Ethereum Blockchain and the viability of our Sysorex Government Services business. Our anticipated transaction with Ostendo Technologies, Inc., slated to close later this month, is just one example of a number of strategic steps we are undertaking to potentially create substantial value during this market downturn. If our common stock was to remain at these levels following the Ostendo transaction, we would be trading at far less than one-half of book value, which is likely one of the reasons that funds like Bigger Capital and District 2 have identified Sysorex as a deep value opportunity.”
Trending Stock SYSX 5 Day Chart
SYSX Stock Price HOT Stock Grade:
The official heat level for SYSX is, a 🔥🔥🔥 3 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?
SYSX Trading Volume
The volume, is trading at an increase of 376% over the average which indicates a higher demand in the stock.
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
SYSX Technicals
The technical analysis “chart reading”, it is bullish and has been that way since the early part of this month with a steady ascending channel.
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
SYSX News Cycle
The news, there is significant news, the open letter to ssharreholders.
SYSX Fundamentals
The fundamentals, there is exciting financial filings associated with this stock, growth every year!
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
SYSX Awareness
Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 3 out of 4. Do you agree? Write me a line at [email protected]
Again, two heads are better than one, let’s work together to have the best trading year of our lives!
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