nFusz (FUSZ) Added to ‘Watch List’ on Price Pullback

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(NEW YORK)–nFusz, Inc. (OTCQB:FUSZ), a Hollywood-based digital technology company, has been placed on ‘watch list’ at Ludlow Research on anticipated deal to integrate their video CRM platform with Oracle’s NetSuite software.

We first alerted our readers about FUSZ in Jan. 2018  that they had entered into an agreement with ORACLE AMERICA, INC. (NASDAQ:ORCL) to develop an application to facilitate the integration of FUSZ notifiCRM interactive video messaging technology into the NetSuite Software-as-a-Service (SaaS) platform developed by ORACLE, and to ensure the interoperability of our notifiCRM technology with the ORACLE SERVICE.

Sponsor: AppSwarm (OTC:SWRM)

Since then FUSZ has become one of the hotter small cap plays rising from $0.10 to just around $2.00 in late March. Yes, I know. Wow!

Ludlow Research issued a note to subscribers that FUSZ pullback from its recent highs may offer an opportunity for an attractive re-entry price for traders looking to take a longer-term position on this story.

Many times we see a stock run and get frustrated as we feel we may have missed our opportunity in that play, but just don’t wish to chase it, which is usually a good idea not to do.

But it is very natural and healthy for a stock to pullback after a sharp and rapid run up in their share price. As a general rule after any sharp move up you want to see the Relative Strength Indicator (RSI) pullback to 50 as signal that any near term pullback has been completed.

FUSZ currently has an RSI of around 60, which is down from near 90 at its record high in late March. Based on this, and other indicators, a pullback in RSI to around 50 could place FUSZ as an attractive opportunity at or around $1.00 for traders who may be looking to take a new position in FUSZ.

Longer-term, into Spring 2018, FUSZ may make new attempts to test its recent highs as their notifiCRM project with Oracle continues to unfold.

Related: SWRM Upgraded Based on Game Development team, and Pending Launch of Delivery Tracking App

FUSZ is expected to have a number of announcements going into the summer of 2018 as their CRM deal with Oracle unfolds. So for traders wondering if this recent pull back indicates this story may be over the answer is no. If anything FUSZ story is only just beginning.

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About nFusz, Inc.

nFusz, Inc (OTCQB:FUSZ) is a Hollywood-based digital tech company. Our proprietary next generation interactive video technology is the core of our new broadcast and cloud-based, Software-as-a-Service (SaaS) products. We offer subscription-based Customer Relationship Management (CRM), sales lead generation, and social engagement software on mobile and desktop platforms for sales-based organizations, consumer brands, and artists seeking greater levels of engagement and higher conversion rates. Our software platform can accommodate any size campaign or sales organization, and its enterprise-class scalability meets the needs of today’s global organizations. Our service is built around our proprietary “Video-First” notifi technology, which places interactive video front and center in all customer and prospect communications. With our flagship product, notifiCRM, we’ve re-invented what a CRM, lead-gen tool should be in today’s video-centric business and social environment. Now watch for our live broadcast interactive video platform that will redefine what “engagement” means in consumer video consumption. For more information on nFusz, Inc., visit www.nFusz.com

 


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