Here’s Why Alternet Systems
Stock Is Hot; Retro ReVolt EV Motorcycle And iQSTEL Partnership Put
Catalysts In Play (ALYI)
April 6, 2021 -- InvestorsHub NewsWire -- Alternet Systems, Inc.
Pink: ALYI) stock
looks extremely attractive at these levels. Helping the bullish
sentiment is a consolidating share price that has kept shares in a
relatively tight range since the middle of last month. That churn
is producing a bullish set-up with technical indicators starting to
suggest an imminent move higher. That was true on Monday, with the
stock closing near its high of the day at $0.08 on volume that
exceeded 17 million shares.
The 3% gain on Monday is a part of a more than 81% increase
since the start of February, helped by traders' bullishness ahead
of expected near-term catalysts. For sure, investors responded very
well to ALYI's update, confirming it is on schedule to deliver 2000
of its ReVolt EV motorbikes to the Kenya market later this year.
Those bikes should pave an entry to the potentially lucrative
African rideshare (boda boda) market. Investors were also inspired
by a "sneak peek" video of the ReVolt EV motorcycle in action,
causing shares to surge 19% intraday after the video highlighted
design features of the EV bike.
The excellent news for ALYI is that its first potential catalyst
is nearing. And it may coincide with a technical chart that is set
up for a bullish run. The chart shows that a break through the
$0.11 level could ignite a rally and send shares back toward their
high of $0.20 made in February. And with the move likely news
dependent, ALYI could hit that mark on several fronts.
In fact, with ALYI actively advancing multiple partnerships and
initiatives, value-generating news could come sooner rather than
Video Link: https://www.youtube.com/embed/rALOyWApnrU
Partnerships With iQSTEL, Inc. To Build An EV
The first could come through its partnership with iQSTEL, Inc.
The two have several projects in play. The first is a collaborative
mission to create new battery designs that could be technological
game-changers in the sector. The innovative features utilize HD
thin-film technology in one and industrial hemp in another. Both
are expected to produce an end product that is more durable and
with longer-lasting power than current EV battery options. That
market could be huge.
The two are also working on a project to implement software and
communications technology that integrates geolocation, battery
management, theft and accident interfacing with EMS, and remote
maintenance management. The encompassing system is designed to
support vehicle body and component leasing management, driver and
passenger personal mobile interface, and a rideshare interface to
benefit an expanding market. ALYI said it thinks the system could
have broad appeal in the EV sector, generating business from even
News on either of those programs could generate a spike in
IQSTEL, by the way, posted $44 million in sales last year and is
on pace to do $60 million this year. Thus, they are good to have on
RevoltTOKEN Is A Game-Changer
RevoltTOKEN could also cause a massive surge in the share price
if it provides a bullish update on sales. RevoltTOKEN, the
company's financing arm, expects to invest upwards of $100 million
in the next 12-months. That would allow ALYI to fund all bike
production and build out its planned EV ecosystem.
The token launched last month, and investors were given an
update that the token sales were "gaining steam." Undoubtedly, if
sales of tokens gain investor interest, ALYI would be transformed
overnight. It would particularly position the company to build a
massive infrastructure, target multiple EV sector markets, and
carve a sizeable competitive slice in the African boda-boda
markets. Further, dedicated funding to ALYI would immediately
remove a cloud of uncertainty about future ALYI initiatives. In
short, it's a game-changer for ALYI.
An update on the pace of sales and its impact on ALYI is likely
to come this month. If all goes as expected, it's best to be on the
long side of the trade.
Year To Date Gain Of 645%
Obviously, investors are liking what they see. Since January,
ALYI shares are higher by more than 700%. The run is supported by
updates, especially its demo video, showing ALYI is getting close
to delivering on its first of several potential near-term
catalysts. Investors may also finally be giving the deserved value
from its deals with IQSTEL, Inc.
Moreover, ALYI's plans to host an EV Symposium as a global
showcase of everything EV could contribute to additional gains
beyond those from a production-status update. Better still, while
the prospects are good now, they are likely to get better in the
Thus, at $0.08 per share and with at least three near-term
catalysts in play, ALYI is extremely attractive at these levels.
Moreover, with the stock churning through resistance and chewing up
shares at the $0.08- $0.10 level, shares could jump on the next
round of news. Therefore, while longer-term investors enjoy
enormous YTD gains, new shareholders could still earn more than
100% if the markets firm, pushing ALYI back toward its February
highs. Remember, too, ALYI is in the EV industry and generally
follows the sector higher. In fact, ALYI's chart is similar to
Tesla's (NASDAQ: TSLA).
Alternet's Q2 could be full of surprises. Investors expect that
ALYI will deliver a powerful catalyst in June with ReVolt
production. That could cause a massive spike in share price.
However, other catalysts may be close behind. Updates about iQSTEL
deals, news from RevoltTOKEN, development progress on its EV
ecosystem buildout, and technical advances made through its
partnerships are all in play during the first half of the
Thus, considering a purchase with a buy and hold strategy could
be wise. Keep in mind, the stock moves quickly on volume and with
news expected on several fronts, considering a position would be
appropriate sooner rather than later.
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