PRE MARKET ANALYSIS 4/25/2019

Good morning and welcome back to THEFREEDOMGRIND blog. This morning we will be taking a look at stocks that have intraday potential!

NBEV – This stock is running premarket on news that the company signed a license agreement with the estate of Bob Marley! By the way, this is a cannabis company!

Float – 75 million shares (medium/high)

Premarket volume – 900 Thousand

NBEV’s day chart doesn’t look too bad and shows that this stock has had some really good days before! This stock will be on the watchlist for the morning but will need a pretty good amount of volume to move the price!

ARCI – This stock had a really good day yesterday, being halted on volatility multiple times while the price action moved higher. This morning looks interesting! After reviewing the chart for this stock, I noticed the pre market price action surpassed a previous daily resistance point of around $5.35. Let’s look deeper…..

Float – 1.6 million

Pre market volume – 600 thousand

News – I don’t see much on the news for this stock so there may need to be a bit more digging done!!

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