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SING

SinglePoint Inc.'s ($SING) Strategic Moves Fueling Growth In the dynamic landscape of renewable energy and sustainability, SinglePoint Inc. (Cboe: SING) emerges as a beacon of innovation and growth. Recent developments, including a strategic public offering and a reverse stock split, position the company for substantial expansion. As we delve into the details, it becomes evident that SinglePoint's commitment to providing renewable energy solutions and fostering a cleaner, healthier environment makes it an enticing prospect for investors seeking both ethical and lucrative investments. 1. Strategic Public Offering: Fueling the Future SinglePoint's recently announced underwritten public offering of 800,000 shares of common stock at a compelling price of $5.00 per share is a clear signal of the company's confidence in its growth trajectory. The gross proceeds of $4,000,000, coupled with the underwriters' option to purchase an additional 120,000 shares, provide SinglePoint with a robust financial foundation for its ambitious plans. 2. Reverse Stock Split: Setting the Stage for Market Presence The impending 1-for-26 reverse stock split, effective December 15, 2023, is a strategic move to enhance SinglePoint's market presence. This adjustment is a calculated step to attract a broader investor base and potentially increase stock value. As the company readies itself for listing on the Cboe Exchange under the ticker symbol "SING," investors should take note of the opportunities that often accompany such structural changes. 3. Diversification in Sustainability: A Winning Formula SinglePoint's core focus on sustainability sets it apart in the market. With subsidiaries like The Boston Solar Company LLC and Box Pure Air, the company is not only providing integrated solar energy solutions but is also contributing to a cleaner environment through its air purification business. Investors looking to align their portfolios with companies committed to positive environmental impact will find SinglePoint an appealing choice. 4. Closing the Deal: Anticipated Benefits for Investors The public offering, expected to close on December 19, 2023, is subject to customary closing conditions. Investors who get on board before the closing date may position themselves to benefit from the company's growth potential. The net proceeds from the offering will be utilized for general corporate purposes and to reduce the company's indebtedness by up to $500,000, demonstrating prudent financial management. 5. Technical Analysis: Bullish Momentum The current market sentiment suggests a potential downward momentum, but the formation of a shooting star indicates a bullish bias on the horizon. Investors with an appetite for risk and an eye for technical indicators may find this an opportune moment to consider entering or increasing their position in SinglePoint Inc. SinglePoint Inc.'s strategic moves, coupled with its commitment to sustainability, present a compelling investment opportunity. The convergence of a strategic public offering, a reverse stock split, and the company's diversified focus on renewable energy solutions make SinglePoint an attractive choice for investors seeking both financial returns and a positive environmental impact. As the company prepares to list on the Cboe Exchange, now may be the perfect time for investors to seize the moment and consider adding SinglePoint Inc. to their portfolios.
SLong
by DEXWireNews
1
SING, Singlepoint INC. High Risk Trading, Massive potential.Lets keep this one kinda simple. I've been watching SING for quite some time now, and before I started charting, had seen the last rise from 250 to 600, which has lead me to start charting this as well for future reference. Some things to note, this year SING has been fairly active, with a soon to be Crypto wallet release and MMJ -3.12% involvement along with recent news of their delivery system. If you zoom out, we can see a semi weird chart, and a huge "wedge". I've drawn a wedge inside the bigger wedge for a potential breakout to the top area of the wedge , or failed breakout to the bottom of the wedge where I've labeled a safer green buy zone. We have some buy signals on the 4 hr 0.56% , but nothing to be buying on. You can also see the Ichimoku crossing bullish for a moment, and now directing to a bearish cross once again, but not yet. This is a short trade, as I wouldn't hold this for longer then it takes to reach its wedge walls, with possible 50% to 350% gains from the buy zone to top of wedge . This is not a trade I would recommend since you could loose just as much as you gain, I play with this one for fun, fun coupons!
OTC:SING
by ToddGreen
SING previous patterns reciprocated, potential breakoutSING capable of another move. No need to chart, the company is struggling, will not follow typical patterns. But not your typical penny stock either. Just created alt COIN Singleseed. Potential? Short term? Yes, long term? No idea. Just don't forget to sell ! Mix penny stocks with the Marijuana industry and Crypto currency, potentially explosive. Honestly, I have made a bunch and then lost some with this one, just remember to set your 60 day limits. I'm not saying buy, but I would be happy if someone showed me a potential current breakout.
OTC:SINGLong
by Shwayze
SING watch for breakout of symmetrical triangle. LongKnowing that SING is now involved with both cryptocurrency and marijuana industries, having partnered up with BITCF (previously charted and took off. These companies are starting to make headlines in a strange way. They are in the game of funding the marijuana industry with blockchain technology. Weed coin is available on exchanges now, and the ICO launched for a market cap of $60,000,000. Because these two topics are so 'hot' right now, the consolidation behind this stock seems poised for some gains. The previous trend was up, the stock is consolidating in a symmetrical triangle pattern, breakout should occur soon.
OTC:SINGLong
by Shwayze
5