Looking for GROM to break the 50 DMA this week. New tiny float NASDAQ report under $1/share coming soon…

Looking for GROM to break the 50 DMA this week. New tiny float NASDAQ report under $1/share coming soon…
GROM broke the 20 DMA last week. Looking for this one to break the 50 DMA at .57/share this week.

New NASDAQ stock we have never reported on coming this week (details below)

Impressive Trends in animation and streaming, Grom Social (NASDAQ: GROM)

The global animation market size was estimated at USD 372.44 billion in 2021 and is predicted to reach over USD 587.1 billion by 2030, growing at a CAGR of 5.2% during the forecast period 2022 to 2030.The global video streaming market size was valued at USD 372.07 billion in 2021. The market is projected to grow from USD 473.39 billion in 2022 to USD 1,690.35 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period.

We are watching a NASDAQ stock with a very tiny float trading just below $1/share with some very exciting developments in a hot sector. This is one that you do not want to miss. I expect we will have this report out to you between Monday evening to Tuesday evening 7/11 or 7/12/22. As we get closer to having this ready we will update everyone.

The Traders News Team

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