Explosive OTC stock: BSEMBioStem is a manufacturer for wound care. Innovation new product and very succesful
Technical:
(+) Nice run from last year (product launch), volume increasing
(+) consolidation area lower volume
(-) wide range consolidation
Fundamental:
(+) New product launch in Q4/2023. Great revenue increase last quarter.
(+) Outlook Q4 > 100 Mio revenue --> except minimum 0,35 EPS next quarter.
(+) Market capitalization below revenue
(- / +) OTC stock, but want goes for nasdaq listing
Due to OTC listing, the stock could be a hidden gem but riskier.
BSEM trade ideas
STM very tactical session — Failed heads and shoulder on downside - all profit takers since last weeks are wrong. The premise and large move up or down is always announced. In this chart bottom was around 1.20 .. next rally was then token and signaling ist Fibonacci .618 at. The remaining .38 - .50 - .68 are key points in the chart — pointing to 1:00 point at 320 — aver technical chart with serious up side potential