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We have a big day ahead of us, so let's jump right into it! |
While the markets are attempting to build on last week's gains, I think this is going to be a tough period for most large-cap stocks as we digest the recent big move higher. |
I don't think it is time to start shorting stocks at this level, but most stocks definitely look like they want to take a rest. |
This is a perfect time to look at some select small-cap stock ideas. |
Right now, there are a handful of stocks that are either in breakout continuation patterns or what I like to call "bottom bouncers." |
There is really no better example of that than the stock I am about to show you. |
Pull up N2OFF Inc. (NITO) on your platform right now, and I'll show why I think it has all the potential I'm looking for right now. |
As usual, let's start by looking closely at the price chart… |
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You can see that NITO has drifted lower over the last month on very light volume. |
It dropped all the way from $1 to $.60 without any really big selling pressure. |
Now, look at what happened on Friday last week (I circled it for you above) |
That is exactly what I would call a textbook "bottom bounce" play setting up. |
We saw a flood of volume as the market attempted to find the bottom of this stock, which led to a small pop in the share price as well. |
While you never truly know where a stock's bottom will be (other than $0!), when I see that type of action, it signals that traders are starting to get excited about the possibility of a reversal. |
And it makes a lot of sense. |
If NITO can regain its footing above $1 again, that would be a nearly 50% move higher from this oversold level. |
It was just trading there a few weeks ago, so I don't know why that is such a hard thing to imagine again? |
One of the great things about finding a Gamma Trigger reversal like this is that it sets up a good place for me to establish a bet on the upside, while also setting up a good stop loss for me. |
If it doesn't work out, I either use the point where the "Trigger" was fired (around $.60 in this case), or several hours back below the 20-hour line as a reasonable place for a small loss if it happens. |
The upside can be a little trickier though. |
If it works, I really do think that $1+ is possible at some point, which would be a massive move. |
But, looking at smaller "base hits" along the way could make a lot of sense too, if given the chance. |
I hate to see a 10% profit slip away once I have it in hand, so I personally like to sell a little into any strength when a stock moves up and then add back when it tests that 20-hour line again. |
Of course, those are just my personal guidelines. I don't know what your personal situation is like, so everyone needs to have their own game plan before making a trade. |
I really think we are setting up for a big day on NITO today! |
As you are doing your personal research on it, here are some notes I made while I was looking into it myself… |
N2OFF, Inc. (NITO) is a pioneering agri-tech company delivering improved food safety, quality, and sustainability "from field to fork." |
The Israel-based company has three operational arms: Save Foods Ltd., N2OFF Ltd., and Plantify Foods Inc. |
Save Foods Ltd., a majority-owned subsidiary, specializes in post- and near-harvest treatments for fruits and vegetables to prevent contamination and extend shelf life. |
Save Foods is developing solutions that it hopes will reduce or replace the use of some of the hazardous agrochemicals used today. |
These green treatments — which include fungicides, sanitizers, and adjuvants — protect produce from microbial spoilage and pathogens that are responsible for decay and foodborne illnesses. |
Save Foods has nine issued patents and six pending applications, and on March 13 announced approval from the California Department of Pesticide Regulation of its FieldProtect pre-harvest treatment, "paving the way for its potential commercial expansion in the State of California." |
The company is especially interested in California strawberries, since a previous trial on the fruit "revealed promising results whereby Save Foods' research and development team managed to dramatically extend the shelf life of strawberries. The trial [showed] an 85% reduction in waste of fresh strawberries compared to the industry standard." |
Save Foods also recently established a foothold in Brazil, revealing in March a collaboration with Citrus Tree, a major producer and exporter of Tahiti limes, through which more than 20 tons of limes had already been treated. |
N2OFF Ltd. is another majority-owned NITO subsidiary, this one specializing in reducing nitrous oxide (N2O) emissions in agriculture. |
I didn't realize this, but N2O is about 300 times more potent than carbon dioxide at heating the atmosphere. It is a big contributor to ozone layer depletion. |
Agriculture often relies on nitrogen fertilizers that produce significant amounts of N2O. |
N2OFF Ltd.'s solution is to introduce two natural, plant-safe, and non-GMO bacteria strains into the soil. |
Last month, the company announced the incredible study result that "exceeded expectations" — a 54% reduction in N2O emissions in wheat crops in a greenhouse setting. |
"We are thrilled by the outstanding performance of our innovative bacteria under open greenhouse conditions. The successful transition from the lab to an open greenhouse environment is a leap forward in our efforts to develop solutions for the reduction of N20 emissions in agriculture," said head researcher Dr. Dror Minz of the ARO Volcani Institute. |
The company next plans to implement and evaluate its solutions on a large-scale wheat farm. |
Lastly, NITO recently increased its minority ownership in Plantify Foods Inc., a Canadian subsidiary that "offers a diverse range of clean label healthy food options." |
(Clean label means as close to the natural state as possible.) |
Its products are "nutritious, gluten-free, non-allergenic, and made with whole natural ingredients." |
I'll have more to say about this innovative company later this week, so be sure to stay tuned to your inbox. |
Spend time right now doing your own research on the stock, and of course, always approach your trading in a responsible manner. Trading is very risky, and nothing is ever guaranteed, so never trade with more than you can afford to lose. Please read the full disclaimer at the bottom of this email as well so you are aware of additional risks and considerations. Always have a well-thought-out game plan that takes your personal risk tolerance into consideration. |
Bottom line: With the overall market most likely taking a pause over the next few days, small-cap ideas with excellent setups make a lot of sense right now. For all the reasons I discussed, I don't see anything out there with more potential for a short-term move than NITO right now. |
Make sure you are watching NITO all day – It could be huge! |
To Your Success, |
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P.S. Make sure you join me and over 1000 traders in the Market Master's trading room today for live trading signals and education. You can access it at no cost right now. |
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*Just so you know, what you're reading is curated content for which we have received a monetary fee (detailed below) to create and distribute. Let's be clear that investing can be quite the roller coaster as stock prices can have wild swings up and down, so consider those crucial risks before you ever consider trading anything we discuss. Make sure you check out our full disclosure down below for the details on how we were paid, the risks, and why these results aren't what you'd call "typical." |
Just a quick heads up about this ad you're reading—as we've said, even though we like the company referenced above, and all the facts we discussed above are true to the best of our knowledge, we are running a business here. To distribute this information and help offset the costs of maintaining our large digital audience, in advance of writing the content above, we received sixty thousand dollars (cash) from Shore Thing Media for advertising N2OFF, Inc for a five day marketing program starting on June 17, 2024. This amount was paid by someone else not connected to N2OFF, Inc. It might be obvious, but whoever paid for this might own shares and is likely looking to sell some or all of them at any time after we send out this information, which might affect the stock price. We may also buy or sell shares in the company at some point in the future, although neither RagingBull nor its owners own any shares of the company at this time. Also, keep in mind that due to the sheer size of our audience, if even a small percentage of people decide they want to buy this stock, it could potentially boost interest enough to hike up those share prices and cause a temporary spike, and the opposite is possible as our program ends, though that is not always the case. |
Now, diving right into N2OFF, Inc might sound exciting. But remember, it's like venturing into the wilderness—be aware that there's exceptional risk involved in trading. This isn't small potatoes we're talking about; you could lose every dime you put in, so always carefully think about what you're doing. That's why they call this trading, after all. We're shining a light on the good stuff about the company here, but it's on you to do your homework, make your own calls, and determine a plan for your own trading, hopefully with the help of your professional 1nvestment advis0r. |
Oh, that brings us to another crucial point—we're not here to tell you (or even recommend) what you should do with your hard-earned money. We're simply sharing our non-expert thoughts by highlighting some companies we like that could use some help telling their story to more people. We're obviously biased in our writing. We're not here to dig into anything that may be negative about the company; this is advertising, after all! Also, keep in mind that if we make some predictions about the future, these are technically known as "forward-L00king statements" under the securities acts, so take those with a grain of salt. As with all forecasts, they're not set in stone, often wrong, and we certainly can't know where the Company's earnings, business, or share price will be tomorrow or a year from now. |
Everything you read from us is all for your education, information, and possible entertainment. While we believe the info is reliable and accurate, we can't wear a cape and guarantee it. Before you jump into anything, make sure to talk it over with a pro—someone you trust who's licensed to give you real advice. To be clear, |
Neither Raging Bull nor its owners, employees, or independent contractors are registered as a secur1ties br0ker-dealer, br0ker, 1nvestment advis0r (IA), or IA rep's with the SEC, any state securities regulat0ry authority, or any self-regulat0ry organization. |
So, that's the scoop! If you're intrigued and want to learn more about the companies we talk about, hit up the SEC's website to dig into their filings and see the full picture. |
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