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IFMK Penny Stock Update | 214% Profits

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NASDAQ:IFMK   None
PENNY STOCK ALERT UPDATE
$IFMK - iFresh Inc. - Common Stock Status Alert: Deficient
Initial Alert Price: $0.78
Price High: $2.45
% Gains/Losses: 214.1%
(+185% More Than Expected)
Potential Stop Loss: $2.3275


IFMK closed yesterday's after-hours session at the $4.24 Price Levels on pure momentum from our initial trade alert from Dec. 17, 2020 when the stock was still sitting at $0.78/Share. It consolidated going into today's pre-market session and found strong support around the $2.13 Levels of Support before bouncing back the $2.40 Price Levels where it's currently trading as we speak. We would suggest our Split-And-Run Strategy in handling this trade to minimize initial investment trading risk and allow the profits made to continue to make you more money as the stock is showing signals of currently not going below those $2.13 Price Levels.

If you're looking to hold this stock learn term, the company is doing very well in regards to Financials and Fundamentals with the company seeing 74.94% EPS Growth YoY and 3.30% Growth in Net Profit Margins YoY respectfully. Gross Profit Margins have increased 13.61% YoY as well, with operating margins only declining 0.03% in the same timeframe indicating that the management team is currently handling operations very well even in these current environments. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today

Tim Burks | Founder - MyMI Wallet
Empower your finances with our Personal Budgeting and Investment Forecasting Tools. Unlock your investment potential today at MyMI Wallet.
www.mymiwallet.com
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