Ballantyne Strong, Inc. operates in the entertainment industry worldwide. The company manufactures and sells projection screens and customized screen support systems directly, as well as through third-party distributors and integrators. It also manufactures and distributes curvilinear immersive screens to theme parks, museums, and schools, as well as for special events and military applications. In addition, the company provides digital projection equipment installations and after-sale maintenance and network support services directly to theater owners and other entertainment-related markets, as well as through dealers or value added reseller networks.
Stocks found in this category are low priced stocks priced between .50 and $5, with at least 50k shares of average shares trading per day. The stocks are pausing a trend either up or down, with a new bar over the prior day open or close. These are high reward to risk stocks with the potential for very sharp moves. A stop should be maintained at the low of the prior day. Target prices for exits can be determined by using the next level of resistance higher or by using Fibonacci resistance levels found using TradersPro.