Luokung Technology LKCO stock price is up 7% in the last 5 days & volume is up 12%, but is it over for this breakout stock?

There is an old adage, “two heads are better than one”, so let’s collaborate on LKCO 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 LKCO, 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 LKCO is, a 🔥 1 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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Luokung Technology Company Information

Company Name: Luokung Technology Corp.

Ticker: LKCO

Exchange: NASDAQ

Website: https://www.luokung.com/en/

Luokung Technology Company Summary:

Luokung Technology Corp. operates as a graphics data processing technology company. It engages in the provision of interactive location-based services. The firm’s products include a location-based service, under the Luokung brand. It provides personalized and specific services to long distance travelers on the train and at the destination. The company was founded on October 27, 2009 and is headquartered in Beijing, China.

LKCO stock price is due to News?

April 28, 2022

Announced the launch of its remote sensing holographic spatial-temporal portfolio of products and services (the “Luokung Remote Sensing Offerings”) offered by its affiliate, Luokung Remote Sensing Co., Ltd., for natural resource monitoring and carbon sink accounting at the recently held Second Spatial Information Smart Application for High Quality Development in the New Era Summit (the “Summit”), hosted by the China Association of Remote Sensing Application.

Trending Stock LKCO 5 Day Chart

LKCO Stock Price HOT Stock Grade:

The official heat level for ECTM is, a 🔥 1 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?

LKCO Trading Volume

The volume, is trading at an increase of 12% 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.

LKCO Technicals

The technical analysis “chart reading”, it was bullish but has been trending bearish since the volume spike with no end in sight.

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.

LKCO News Cycle

The news, there is significant news, “Announced the launch of its remote sensing holographic spatial-temporal portfolio of products and services” Not as good as it could have been but still strong.

LKCO Fundamentals

The fundamentals, there is exciting financial filings associated with this stock, they produce around $20m a year in revenue.

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.

LKCO Awareness

Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 1 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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