$OCLN With Huge Potential in Multi-Billion Dollar Water SpaceOCLN
OCLN (OriginClear Inc.) provides water treatment solutions. The company licenses its Electro Water Separation technology worldwide to treat heavily polluted waters, as well as to remove harmful micro-contaminants from drinking water using minimal energy, chemicals, and materials.
It also designs and manufactures a line of water treatment systems for municipal, industrial, and pure water applications. In addition, the company offers a range of services, including maintenance contracts, retrofits, and replacement assistance; and rents equipment through contracts of varying duration, as well as provides prefabricated wastewater treatment products. It primarily operates in the United States, Canada, Argentina, and the Middle East.
The company was formerly known as OriginOil, Inc. and changed its name to OriginClear, Inc. in April 2015. OriginClear, Inc. was founded in 2007 and is headquartered in Los Angeles, California.
Key Points:
• OCLN has positioned itself as a prospective leader in the multi-billion dollar water treatment global crisis prevention industry.
• OCLN has a small trading float of just 3.9M, which suggests the stock could launch higher on any additional influx of interest.
• OCLN is making real money, with trailing revs already coming in at $3.7M.
• OCLN is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
• OCLN just recorded a MACD Bullish divergence, suggesting a technical change in trend back to the upside.
• OCLN recently provided traders with an opportunity to bank as much as 1,900% gains in a matter of days.
