Ascending Channel on Support.com, Will it Continue?
Another one of the epicenter penny stocks to watch right now. Suppoort.com (NASDAQ:SPRT) has, for the most part, upheld a solid trend over the last 10 months. Even as the markets sold off, technology and cloud computing have survived pretty well. After the latest uptick, however, my focus will be on whether or not there's enough follow-through to make new highs.
"One of the specific speculative catalysts behind SPRT stock’s recent move is what these lockdowns have done for traditional brick-and-mortar as well as generally office-centric companies. Many are now connected more now in a virtual setting than they were in an office setting. The company’s live agents and self-support tools troubleshoot more than 10,000 technical support issues consumers and small businesses face on an ongoing basis. Support.com offers technical support solutions and digital support experiences to its customers...Since the beginning of October, the penny stocks has jumped from $1.78 to highs of $2.45 on Friday. Volume has also begun increasing. Will the “new normal” become a “new benefit” to the future of Support.com?"
Original Quote: Looking For The Best Epicenter Penny Stocks To Buy? 3 Names To Know
"One of the specific speculative catalysts behind SPRT stock’s recent move is what these lockdowns have done for traditional brick-and-mortar as well as generally office-centric companies. Many are now connected more now in a virtual setting than they were in an office setting. The company’s live agents and self-support tools troubleshoot more than 10,000 technical support issues consumers and small businesses face on an ongoing basis. Support.com offers technical support solutions and digital support experiences to its customers...Since the beginning of October, the penny stocks has jumped from $1.78 to highs of $2.45 on Friday. Volume has also begun increasing. Will the “new normal” become a “new benefit” to the future of Support.com?"
Original Quote: Looking For The Best Epicenter Penny Stocks To Buy? 3 Names To Know
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