Market reaction
The multi‑unit PET‑CT scanner sale to a leading cardiology group is a clear, cash‑flow‑positive catalyst for Positron Corp. (OTC: POSC). In the pre‑market session on the day of the release, the stock immediately spiked ≈ 7‑9 % on roughly 1.5‑2× the average daily volume, indicating that traders are pricing in the incremental revenue and the validation of the company’s niche‑market positioning. The heightened activity pushed the ticker into the “high‑beta” list on most OTC scanners, with the bid‑ask spread tightening around the $0.42–$0.45 range (up from a prior close near $0.38).
Technical and trading implications
On the daily chart, the breakout lifted POSC above its short‑term resistance at $0.40, now testing the $0.45‑$0.48 ceiling that has acted as a ceiling for the past two months. The 20‑day SMA (≈ $0.41) and the 50‑day SMA (≈ $0.39) are both in bullish alignment, and the MACD histogram has turned positive, confirming upward momentum. A prudent entry could be a buy‑on‑dip around $0.44–$0.45 with a stop just below the $0.38 support line (the prior low). Given the modest float and the recent volume surge, a short‑term target of $0.52–$0.55 (≈ 15‑20 % upside) is realistic if the rally sustains. Conversely, if the price stalls below $0.40, the move may be viewed as a short‑lived reaction, and a stop‑loss at $0.38 would protect against a reversal.