Ozop Energy Solutions Inc (OZSC)

[Det_Robert_Thorne]

This Technical Analysis is distorted

Technical Analysis

52-Week High: 60.00

200-Day Moving Avg.: 2.77

100-Day Moving Avg.: .0789

This technical analysis is distorted by conditions that no longer exist.

The Aug, 2019, 52-Week High needs to be adjusted for the February, 2020's 1:1000 reverse split and the share count at the time. On Aug 26, 2019, OZSC closed at approximately $0.06, with roughly 35.5M outstanding shares. Its market cap was about $2.1M. The 1:1,000 reverse split in February basically took the adjusted price to $60 and the adjusted OS to 35,500 shares.

Right now, OZSC's basic OS is likely 1B - 1.2B shares, and at $0.023/share, the Market Cap is $23M - $27.6M, or 10X - 12X what it was on Aug 26, 2019.

The fully diluted OS is 4B - 4.8B, which puts OZSC's fully diluted market cap at $92M - $110.4M.

Any tech analysis that doesn't account for the reverse split and subsequent share growth is bogus.