CLNT Recap

8-k snapshot on the SEC filing that moved CLNT

CLNT was today's low float mover after a reverse split a few weeks ago. Float size decreased to a mere 880k shares. On this news, the stock ran more than 100%+ from an intraday low of $2.82 to a high of $7.90 in after-hours. We were able to catch this stock relatively early based on the news but more importantly, confirmation by price action.

Our custom ToS indicators showed a strong move up at about $3.00. Getting in early is so important because it gives you more room to let the stock run with less fear of a drawdown. The situation would be completely different if you were to enter at $6 after it has exhausted most of the upwards momentum.

Take a look at our Indicators In Action blog section for how early we our scanner caught this!

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