THNS Lands Major Courier In Application Management Deal
Good Afternoon!
The combination of some bullish upside potential and a strong technical setup has made THNS my must-see pick this week.
The company is coming off major announcements, including news that international courier Overnight Express, has selected the company to help boost its application management infrastructure. This puts THNS in a commanding position as a leading cloud services provider – a fact that hasn’t eluded some of the biggest investment analysts on Wall Street.
Technically THNS is a very vibrant play. Trading below .20, the play has surged recently with strong volume. RSI is also in oversold territory which means traders that act now on THNS can ride it all the way back to the top.
And just so you know, that top (12-month high), is 560% off from current trading levels.
How is that for an incentive?
Start your research now.
THNS Must-See Technicals
THNS has an oversold RSI of 44 which means there is considerable bounce potential from current levels
THNS is trading with average volume of over 200K, creating more than enough liquidity for traders to cash in.
In September THNS rallied upwards of 100%, in a few days. We are seeing the exact same chart setup.
THNS has seen some strong positive divergence on the MACD. The momentum indicator is showing signs of another positive upswing.
THNS’ 12-month high is .99. From current levels this represents more than 560% upside potential.
About THNS
THNS (Thinspace Technology Inc.) is a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes.
THNS operates on the belief that application delivery and cloud computing solutions should be flexible, dynamic and above all, simple to use, Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible.
THNS’ list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations.
Public Cloud To Hit $107 Billion By 2017
Worldwide spending on public IT cloud services will reach $47.4 billion in 2013 and is expected to be more than $107 billion in 2017, according to a new forecast from International Data Corporation (IDC). Over the 2013–2017 forecast period, public IT cloud services will have a compound annual growth rate (CAGR) of 23.5%, five times that of the IT industry as a whole.
This is the sort of outlook that makes THNS a very strong trade at current levels.
Big News Development
THNS Host Big Event Showcasing Disruptive Technologies
THNS is one of the leading players in the cloud space, which itself is a very disruptive technology. Director of North America Sales Gary Walker recently hosted an innovative technology event, Smashblock, on January 28, 2015 at 600 King Street West in Toronto, Ontario. There he discussed desktop virtualization and how a solution like THNS will allow organizations to easily deliver corporate applications from a single, integrated hardware and software platform.
Chris Bautista, Chief Executive Officer of THNS said of the event, “This will give us great visibility in the Canada market as well as interact with other great technology companies."
Less than .20 a share – keep that in mind as you research this gem of a play.
Back in September, THNS rallied more than 100% in a few days…
Now we are seeing the same chart setup.
Are you in?
To learn more about THNS please visit their website: http://www.thinspace.com/