Is SING a good stock to buy because it has been breaking it’s trend with large volume and a 26% change in PPS in 5 days. Wondering if SING is a good stock to buy, is it a trending stock? Is it the elusive breakout stock? These questions will be answered!
Take a look below. Before we do, remember to stop what you are doing and 👇 sign up for our newsletter below. 👇 We deliver breakout stocks to your inbox!
Before we get started, I wanted to introduce myself to you. Hi 🙋♂️ I’m Alexander Goldman and I have been successfully trading breakout stocks and trending stocks for two decades now.
I’m now helping traders find breakout stocks. My claim to fame is the expert at finding trending stocks.
What do I mean by big winners?
Stocks that move more than 100% in a month! SING Stock Price could?
Does that always happen, NO! But, I’m very good! Take a look at this article I wrote, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!
The article is HERE where I shine a spotlight on trending stocks and breakout stocks!
Now, let’s go over if SING is a good stock to buy? Trending stock or even a breakout stock, Below, is some of the basic information on this stock before we get in the technical analysis.
Singlepoint Inc. Company Information
Company Name: Singlepoint Inc.
Singlepoint Inc. Company Summary:
SinglePoint, Inc. is a fully reporting company with core holdings in solar energy services and industrial hemp based consumer Products. The firm through its subsidiary operates national solar sales brokerage model in 34 states. It designed 1606 Original Hemp for manufacturing and marketing smokable industrial hemp consumer products for sale through traditional retail channels and online. It has a portfolio of non-core focused business that are searching for strategic partnerships or other alternative solutions. The company was founded by Gregory P. Lambrecht on October 15, 2007 and is headquartered in Phoenix, AZ.
SING could be a breakout stock and a good stock to buy, but first let’s look at the NEWS to see if it could hold the answer!
Jan 26, 2022
Announced that on January 22, 2022 the SEC declared effective a Form S-1. 1606 Corp. is in the process of completing the necessary forms required to file a Form 211 to receive a trading symbol.
That news does not make a good stock to buy, so let’s look at the technical analysis!
Is it a trending stock, let’s look at SING 5 Day Chart
Trending Stock? Singlepoint Technical Analysis:
Wondering if SING is a good stock to buy, is it a trending stock? Is it the elusive breakout stock? These questions will be answered!
Trending stock? Volume has been on the rise, so yes it is a trending stock!
Breakout stock? Yes, it was trading around $.09 and now is at $.12.5
A good stock to buy? I like it! The news is weak so I’m confused of where the interest is coming from, but outside of that, I like it. It seems to be consolidating nicely.
I would wait for confirmation above $.1370 before purchasing, but I’m conservative when there is no news!
I hope I did a good job with my analysis of SING and if it is the best stock to buy?
This is Alex, reminding all the traders out there to leave your emotions at the door and never, ever, try to catch a falling knife. I strive to find breakout stock alerts and deliver them before the market finds out. I sure hope you enjoyed this article, if you would like to receive more exclusive content from me 👇 sign up for our newsletter below. 👇