Single Point, Inc. Common Stock is a pennystock trading on the OTC market at $0.09 a share.  It faces resistance at $0.12 and technical chartists are looking for breakout indicators which will take the stock past $0.12 a share; the stock price which is sitting at $0.10 today is the highest its been in the last 5 years. 

Price action yesterday moved past former 5-year peaks at $0.06 and $0.08 a share in Feb. 2014 and 2017 as this company, whose services are primarily in mobile and texting technology, is repositioning and diversifying its business with strategic acquisitions and new business partnerships with other OTC companies to serve the evolving cryptocurrency space and the growing cannabis markets by using its mobile PAYMENT technology to handle monetary transactions.

Currently, the GLOBAL marijuana market is a $31 billion industry. 

Legal Marijuana is the fastest growing industry in the US, with California and Arizona leading the charge for fastest growth.

Technical chartists believe the stock is trading under its true value and the stock's price action has been in consolidation since December.  Look at the price action on a smaller timeframe of 15 minutes when the daily chart shows momentum.

I recommend waiting for the right set up on a high volume day and buying at the key breakout level of $0.12 on HIGH trading VOLUME when former resistance at $0.12 becomes support. BUY 10,000 shares or 100,000 shares.  HOLD through the spike, take profits and  SELL once price action begins to stall.

The stock's share price has been trading under $5/share for the last 7 years; its highest price surge was in March of 2000 when it spiked to over $1000/share.

Update on January 23rd:  SING was never able to break through resistance at $0.12 and continues to flounder trading today at $0.07 a share. No trade was made.