May 16, 2018

Alternet Systems, Inc. (ALYI) recently launched the ReVolt Electric Motorbike as part of a strategy to commercialize its patented lithium battery technology.  Over the last month the PPS has doubled to approximately $0.026.  Goldman Small Cap Research last week published an analyst report on Alternet with a target PPS of $0.09 on a Speculative Buy.  Today, Concordia published a technical review on the ALYI's stock performance indicating the PPS is positioned to potentially go higher.  Below are highlights of the Concordia report.

 

Stock Price Performance Check (107.69%) on Alternet Systems Inc (ALYI)

Full Report Posted by Concordia Staff on May 16, 2018 at 6:41 am

After a recent market scan, we can see that Alternet Systems Inc (ALYI) shares have moved 107.69% higher over the past month ... 

Over the last half-year, shares have changed 68.75% ...

Over the last full year, shares have moved 141.07% ...

Currently, the 14-day ADX for Alternet Systems Inc (ALYI) is sitting at 29.90 .. A value of 25-50 would support a strong trend ... 

The 50-day Moving Average is 0.02, the 200-day Moving Average is 0.02, and the 7-day is noted at 0.03 ...

Alternet Systems Inc (ALYI) currently has a 14-day Commodity Channel Index (CCI) of 93.87 ... A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. 

To see the flull Concordia report click here.

Concordia has also recently issued reports on Aphria, Inc. (APHQF), Mexus Gold US (MXSG) and Potnetworks Holdings, Inc. (POTN)

Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Source: www.nextbigticker.com