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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