FCCN - Hidden Quantum Computing Monster - Early StageSpectral Capital Corp is engaged in the identification, acquisition, development, and financing of technologies. The company seeks for technology that can be protected by patents or laws regarding trade secrets. Its portfolio includes two technology companies namely Noot and Monitr. Noot is a mobile technology that utilizes proprietary search engine technology for mobile devices which helps to find news, social media, photos, and videos of interest. Monitr is a technology and financial data services company. It leverages cloud computing, big data, and software to analyze the financial markets. In addition, it also specializes in the analysis of news, opinion and social media to determine the aggregate sentiment and trends of equities, commodities, and currencies across different countries.
Spectral Capital Corporation (FCCN) is currently a speculative investment due to its limited financial data and minimal revenue generation. The company operates in the early stages of the quantum computing and decentralized cloud infrastructure industry, which are high-potential but high-risk fields.
Its reported revenue has been negligible, with approximately $98,000 in 2022, and no substantial growth since. FCCN primarily focuses on developing innovative technologies and securing funding, such as a $15 million private placement agreement, rather than generating consistent income at this stage.
Investors considering FCCN should recognize it as a high-risk opportunity in an emerging market that may take years to mature. Robust due diligence is crucial for such early-stage ventures.
News from 22/11/2024:
Spectral Capital Announces Submission of Quantum Balance Patent
Spectral Capital Corporation (OTCQB:FCCN), a pioneer in Quantum as a Service (QaaS) computing and decentralized cloud infrastructure, is pleased to announce that it has submitted the first of 104 patents acquired from Chairman, Sean Michael Brehm.
This sounds amazing so far – just keep in mind that submitting patents doesn’t necessarily mean they’ve been approved yet.
Overall Market Sentiment:
It’s always crucial to consider overall market sentiment when making trading decisions.
We’ve already seen a significant run-up, so a pullback could be on the horizon. Here are a few entry strategies to consider:
Break and Retest: Look for a breakout followed by a retest of the $5.00–$5.50 zone.
Deeper Correction: Wait for a pullback to the $2.00 zone for a more conservative entry.
Current Price Entry: Enter at the current price level, acknowledging the potential for short-term volatility.
Breakout Zone:
$5.00 -5.50
Surpassing this zone could signal a positive trend.
Trading Strategy:
Take Profit (TP): Set a target at $13.00 - 15.00 (the potential to the upside is x time higher)
Stop Loss (SL): Set at under $1.50 to mitigate potential losses.
Chart Analysis:
Please refer to the attached chart for detailed analysis of price trends and movements.
Trading Advisory:
Exercise caution and consider market conditions and your own risk tolerance when trading. It's advisable to conduct comprehensive research or consult with a financial advisor before engaging in trading activities.
Disclaimer: This content is for informational purposes only and should not be considered financial advice.
