BLSP trade ideas
BLSP - To the MoonLooks like BLSP is ready for a reversal. I added to my position today. Tons of volume, MACD reversal.
BLSP Long IdeaThis stock is building momentum in social media. Fundamentals are surprisingly looking quite healthy if you dig deep. Their website is highly out of date, but public record shows their still active. They have filled form 15 so their is little information disclosed regarding their financials, but that may change soon as i'm estimating their revenue may be increasing to a limit where they no longer qualify to remain under form 15. Im predicting they will be quite undervalued when that occurs and their forced to start publishing their financials and we will see a pop. They are also in good position under the goals of the Biden administration.
There is a supposedly a financial update coming Feb 19th, but the source didnt seem quite right for me. Anyway, ill ride the momentum of this until we get close to such date and reevaluate.
This penny stock looks ripe for takeoff! 🚀$BLSPLet's just talk technicals first. We can see that this stock is on an upward trajectory, retracing to the 21 EMA like a plethora of momentum stocks out there. It has created two perfect bullish pennants (or bull flags depending on who you talk to), perfect for the continuation play. You also have hidden bullish divergence between the price, the RSI and Stoch RSI.
From a fundamental standpoint Blue Sphere Corp. has seen impressive sales growth going from $588K in 2016 to almost $11 million. They specialize in transforming millions of tons of agricultural, municipal and industrial waste into sustainable clean energy, which is perfect for the environment created by the new administration in the US.
It's always important to remember position sizing, regardless of how bullish we may be on a stock; this is especially more poignant when talking about penny stocks where small ticks can represent large percentage swings.
BLSP - Found bottom and ready for launch?BLSP looks like its found its bottom and is ready for takeoff
Blue Sphere Corp.Hey guys, thank y’all again for the follows and likes- it helps keep me motivated. I was gunna ramble, but I’ll save that for my profile should you be interested.
This and the 2 other OTC ideas following will fall under my “long term hold/set and forget category”
I will post more info as I come across it - plz help me/my followers by posting relevant dd
$BLSP Sky Highhh due to Biden's Green Energy Bill worth 3Tril$BLSP (OTCs) Sky Highhh due to Biden's Green Energy Bill worth 3Tril (fm @Snake Doc and @deanallin)
$BLSP Alt Energy Ethanol with big connections, they're doing business with...(fm @deanallin)
Blue Sphere Corporation operates as a developer and independent power producer in the clean energy production and waste to energy markets. The company focuses on projects related to the acquisition, construction, and development of biogas facilities in the United States, Italy, the Netherlands, the United Kingdom, and Israel. It also focuses on soil amendments, compost, and other by-products. The company was formerly known as Jin Jie Corp. and changed its name to Blue Sphere Corporation in February 2010. Blue Sphere Corporation was founded in 2007 and is based in Charlotte, North Carolina.
