ALYI Rated BULLISH With Trend Reversal Starting Toward Potential Near Term Double On $20 Million Contract Prospects
May 06 2019 - 9:33AM
InvestorsHub NewsWire
ALYI Rated BULLISH With Trend
Reversal Starting Toward Potential Near Term Double On $20 Million
Contract Prospects
New York, NY -- May 6, 2019 --
InvestorsHub NewsWire -- www.nextbigticker.com -- Alternet Systems, Inc. (USOTC:
ALYI) started to show signs of a trend reversal on Friday with
the PPS closing above the 200 day and 50 day moving averages (MA)
at $0.023. The ALYI PPS shot up above $0.04 early in
April. In the last two weeks the PPS has retraced back to a
low of $0.02 and now looks ready to reverse that trend and head
north again. A DOUBLE back to $0.04 is a reasonable
expectation. ALYI has a recent analyst report that recommends
a $0.09 Target PPS. After Friday’s trading
session, ALYI was rated BULLISH by multiple rating
websites.
On Friday, the company announced new
progress toward an ongoing initiative to sign a $20 million order
that sparked the trend reversal.
Other OTC quoted companies making news of
late include Golden Leaf Holdings Ltd (OTCMKTS:
GLDFF), True Drinks Holdings, Inc. (OTCMKTS:
TRUU) and Cannex Capital Holdings Inc (OTCMKTS:
CNXXF)
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