Good morning all,
The market was shaky on Friday but futures have steadied and are flat before the opening bell this morning (at the time of writing this)… but who really cares right?
Traders and investors are still looking for the next big play. The right picks, will go up regardless of what the market is doing, just like FNMA and GLBH, and our pick IOGA (for most of the day), did on Friday.
And we think DNAD is the play to be on today.
We’ve seen some incredible bounce plays lately. Just on Friday, FNMA bounced for a 75% intra-day gain, and TRLR has given traders a 200%+ multi-day bounce.
MJNA gave traders a 100% two day gain just a few weeks ago.
All these tickers have different prices are in different industries. But the one they all had in common? They were oversold.
Today’s alert, DNA Dynamics, Inc (DNAD) is grossly oversold too.
Continue reading below on why we think DNAD could bounce big today.
>>>>>>>>>>>>>>>>>>
What is the one thing in the markets that is potentially more profitable that a breakout to the upside?
The bottom bounce. And we’ve found the perfect candidate.
DNA Dynamics, Inc (DNAD)
DNAD is oversold and is due for a bounce. It’s RSI is at 31. Look at any technical analysis text book and you’ll see that when the RSI hits these levels, its considered oversold and is due for a bounce.
Most, including the man who developed the RSI indicator, J Welles Wilder, believe RSI readings lower than 30 are considered grossly oversold and are a strong indication that a bounce higher is due.
DNAD is at this point now and is ready to rip higher.
Of course, it’s not all about the technical indicators, so that’s why we dug a little deeper and found DNAD, the Company, has a lot to offer its shareholders.
DNAD operates in one of the hottest, and fastest growing sectors – Mobile Gaming.
DNAD creates mobile games and apps for iOS and Android Platforms, producing games and apps for the iPhone, iPad, Android phones and Android tablets.
Having created more than 25 games across nine different platforms over the past three years, the Company has a very strong footprint in the market, and is a well recognized brand.
In fact, DNAD has created mobile games and apps for some major TV brands.
And the Company very recently announced that it was chosen by a large digital PC Publisher to bring one of its hugely successful PC games to the mobile space.
DNAD is generating revenues today, which is rare for a company trading at this price.
We all know mobile is the future. Well, actually its the NOW (as much as traditionalists hate to admit it). Forget the PC, the Xbox, PS3 etc. According to market intelligence firm, Juniper Research, mobiles and tablets will be the primary device for gamers in the near future.
In fact Juniper projects total gaming spend on mobile phones and tablets to grow to $9 billion by 2016 – a ten fold increase from what was spent in 2012.
And DNAD, with its popular suite of games, is on its way to leading the way in the mobile gaming market.
Some of the games available in DNAD’s strong portfolio include:
– Chess Crusades
– Warheads Battle
– Naked Gun ICUP
– Legacy Mystery Mansion
– Who Wants To Be A Millionaire?
DNAD is a growing company that is earning revenues today, and has a strong game development pipeline.
Take the "fundamentals" of DNAD, combine them with it’s oversold chart that is due for a bounce, and we have a perfect storm for investor gains in the coming days and weeks.
And most importantly, be ready to trade Monday morning!!!
The Team
PennyStockGeneral.com
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