Good evening all,
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)
That’s right folks, bottom bounce plays have been huge recently. If you need proof, look no further than FNMA and TRLR.
FNMA ripped for 73% one day gains last Friday, and TRLR gave traders a 200%+ multi-day run over the past few weeks.
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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