🌟 Welcome to TraderQue’s OTC Watchlist! 🌟
Welcome to our week 18 update and thank you for your continued engagement. As we review the standout moments from previous weeks, our focus remains on uncovering stocks that, while perhaps overlooked, present promising growth opportunities or noteworthy market activity. This is essential for both seasoned investors and those new to the OTC markets.
🗳️ Have your say in shaping our watchlist! 🗳️
Join our weekly community-driven polls on X.com to decide which tickers make the cut. Your participation is crucial as we refine our selection of OTC stocks, ensuring it reflects recent results and key news impacts. Get involved and help us keep our watchlist sharp and informed!
Stay sharp and ahead of the curve with our insights and community-driven watchlist. Grab the list here 👉 OTC Community Watchlist – TradingView
Week 18: April 29th – May 3rd
As we proceed, remember that investing in the OTC market carries its unique risks and opportunities. We’re here to provide insights, but we encourage doing your due diligence and considering your investment strategy. Welcome to our community, and let’s start the journey.
💥 Top Performers 💥
BEGI – BlackStar Enterprise Group, Inc.
Weekly Highlight: Week 17 Honorable Mention BEGI+42.85% – Breakout Rating 3 was spot on as the stock climbed to $0.0033 a 65% move in week 18 and reaching a high of $0.0038.
Closing Price: $0.0033 -2.94% with a recent weekly high of $0.0038
Volume Buzz: 10-day average trading volume for the week was reported at 16.4 million shares, with notable trading.
Why Watch: BlackStar received its Blockchain Corporate Governance Patent from the United States Patent and Trademark Office (USPTO), U. S. Patent No. 11966974 Issue Date: April 23, 2024 BlackStar Receives Corporate Governance Blockchain Patent
RDGL– Vivos Inc. (OTCQB)
Weekly Highlight: The week started at an opening price of $0.145 and reached a high of $0.2420, but it also dipped to a low of $0.138 during the week, closing out this week’s move of +37.72% and the 6th consecutive week as a top performer and 2 out of 6 as the #1 spot.
Closing Price: $0.1997 -4.48% with a recent weekly high of $.2420
Volume Buzz: 10-day average trading volume for the week was reported at 2.63 million shares, with a notable trading turnover of approximately $483.35K. This indicates a significant trading activity compared to previous periods.
Why Watch: Vivos Inc. remains a company of interest due to its ongoing developments in cancer treatment technologies. The focus continues to be on their RadioGel technology, especially following recent positive regulatory milestones such as the FDA granting Breakthrough Device designation for their RadioGel product in late 2023 Vivos Inc. (@VivosIncUSA) / X (twitter.com)
BLEG – Branded Legacy Inc.
Weekly Highlight: A second consecutive weekly move over 37.4% with a high of .006 for week 18, mentioned in week 17 coverage.
Closing Price: $.0055 -4.83% (day) +37.4% (week)
Volume Buzz: 10-day average volume of 4.22 million shares this week.
Why Watch: Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million (OTC.PK: BLEG) is pleased to announce a net income for the fiscal year 2023 of $3,825,527, a substantial increase driven by the strategic retirement of over 2.4 billion shares. As they forge into 2024, the company has signed multiple on-going white label contracts, poised to further enhance our revenue and profitability for the coming year and beyond. Branded Legacy, Inc Announces White Label Deal with Kava & Hobbs, LLC for Kava Vape formulation
SPZI – Spooz Inc. – Shell Risk
Weekly Highlight: Solid move over 20.0% for week 18
Closing Price: $.0114 +10.68%
Volume Buzz: The average volume over the last 10 days was around 15.78 million shares, indicating robust trading activity.
Why Watch: Mentioned in week 15, 16, and 17. SPZI has shown a consistent upward trend since early April, capturing over 83.87% movement. SPZI: Bloxcross and JP 3E Holdings to Launch Global Platform for Trade Finance 4/30/24. Spooz (@SpoozInc) / X (twitter.com)
Honorable mentions:
CEOS +5.55% – Pivot Rating 3
ETST +66.7% – Trend Rating 1
HYSR +13.57% – Pivot Rating 1 (Week 17) – Trend Rating 3 (Week 18)
AITX +52.78% – Breakout Rating 2
🌟 Screener Highlight of the Week 🌟
Dive into this week’s featured selections from our proprietary screener – where numbers meet intuition. Discover the gems that are shining a bit brighter than the rest.
📈 Criteria Breakdown 📈
Our screener this week zeroes in on stocks with significant price changes, those witnessing unusual trading volumes, entities getting attention in media or social platforms, and companies with noteworthy financial health disclosures. Explore these criteria for potential highlights.
- Price Movements: Stocks with the highest percentage increase/decrease.
- Volume Surges: Companies experiencing unusual trading volume.
- Market Sentiment: Stocks buzzing on social media or news outlets.
- Financial Health Flags: Highlighting companies with recent positive/negative financial disclosures.
🌟 Emerging Opportunities 🌟
Highlighting stocks with promising trends or news that may influence their future success. Our selection of emerging microcap stocks spans various sectors, demonstrating the wealth of opportunities for investors. Below are some notable emerging stocks for consideration. While not all have reached our community watchlist, our commitment is to provide a comprehensive range of microcap investment opportunities to our readers.
- Ludwig Enterprises ($LUDG): Positioned at the intersection of biotechnology and artificial intelligence, Ludwig Enterprises is engaged in genomic technology, specifically focusing on mRNA genetic methodologies that could revolutionize the detection and management of diseases like heart disease and diabetes.
- iQSTEL Inc. ($IQST): A multifaceted company offering services in telecommunications, fintech, blockchain, and electric vehicles across several countries. It’s well-positioned in various growth sectors, providing comprehensive technological solutions.
- Endexx Corporation ($EDXC): Operates in the CBD industry, offering a range of products aimed at therapeutic and pain relief for humans and pets. The company has made significant strides in product development and distribution.
- MetAlert ($MLRT): Specializes in GPS and BLE wearable technology for health and location monitoring, particularly focusing on individuals with cognitive and spatial awareness disorders. Their patented GPS SmartSole is a significant innovation in this area.
📊 Market Trends 📊
For Week 18 of 2024, the OTC markets have shown considerable activity across several metrics. Here’s an updated snapshot of the key data for this week:
- Total Securities Traded: The diversity in traded securities remains strong, indicating a consistent level of trading options.
- Total Dollar Volume: There was an increase in the total trading dollar volume, suggesting heightened investor engagement and capital flow.
- Share Volume: The share volume increased, pointing to improved market liquidity.
- Average Trades Per Day: The average number of trades per day also saw an uptick, indicating a more active market.
This updated data suggests a positive movement in market dynamics, with enhancements in dollar volume and the number of trades, signaling an optimistic engagement from investors in the ongoing market conditions.
💬 Final Thoughts? 💬
In Week 18 of 2024, the OTC markets experienced a noticeable increase in activity, marking a departure from the more subdued trading of the prior week. The observed uptick in volume and capital flow suggests a renewed interest from investors, reflecting a slight enhancement in market liquidity and participant engagement.
This increase could be indicative of a changing market sentiment, with investors cautiously exploring the varied opportunities present within the OTC landscape. Such conditions highlight the necessity for meticulous research and stringent risk management strategies to identify potential undervalued assets in a sector often bypassed by conventional investment channels.
Amidst this modestly invigorated market atmosphere, the importance of strategic decision-making is amplified. Investors are tasked with navigating a market that offers unique opportunities but also poses particular challenges due to its lower regulation and inherent risks. Balancing these factors is crucial for leveraging potential advantages during this phase of market reactivation.
Week 16 in Review – OTC Watchlist ‣ TradersQue
Week 17 in Review – OTC Watchlist ‣ TradersQue
We love hearing from our readers! What are your predictions for next week? Any stocks you’re keeping an eye on? Share your thoughts and let’s engage in the world of OTC stocks together. Join us on X.com