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2025/02/10

(NYSE: SRFM) Is Backed By 5 Key Potential Catalysts (Low Float + Triggered Technical Indicators)

It's official. It's recap time.

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(NYSE: SRFM) Is Backed By 5 Key Potential Catalysts (Low Float + Triggered Technical Indicators)

February 10th

Greetings Readers,

It's official. It's recap time.

We need it.

Over the past couple weeks, I've delivered a handful of breakout ideas that have turned into strong, short term runners.

For example:

2/7/25: This Nasdaq profile blasted from a previous night's after-hours close of $6.86+ to a high of $8.86 on Friday.

This nearly $2.00 move resulted in a surge of approx. 29%.

2/6/25: Rocketing approximately 31% intraday this past Thursday, it ran from an open of $.57 to a high of $.75.

1/29/25: A slower mover, this Nasdaq idea has popped from an open of $9.11 to high last week of $11.22.

The $2.00+ run resulted in an advance of 23%.

It gets better...

I've uncovered a new potential breakout idea to consider for Monday.

Like many of my previous breakout ideas, this one is also of the low float variety, with roughly 11.1Mn shares in its float, there could be potential volatility.

Additionally, at the closing bell on Friday, this NYSE profile was being reported to have 10+ triggered technical indicators over at Barchart.

Factor in a recently published video on the company's strategy, transformation plan, and growth opp's, and it may be the perfect time to put eyes on this breakout idea.

Consider pulling up:

*Surf Air Mobility Inc. (NYSE: SRFM)*

Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures as well as the largest passenger operator of Cessna Caravans in the U.S.

In addition to its airline operations, Surf Air Mobility is currently developing an AI powered airline software operating system and is working toward certification of electric powertrain technology.

Surf Air Mobility plans to offer their technology solutions to the entire regional air mobility industry to improve efficiency, pro-fit-ability and reduce emissions.

And based on multiple potential catalysts, SRFM could become a seriously talked about profile near term. Check them out:

No. 1 - This Profile Has A Low Float.

No. 2 - There Seems To Be Bullish Technicals Across The Board From Third-Party Indicators.

No. 3 - Could Insiders Scooping Up Shares Create Bullish Sentiment?

No. 4 - Company Continues To Deliver On Its Transformation Plan With Accepted Delivery Of 4 New Cessna Grand Caravan EX Aircraft.

No. 5 - This Profile Is Trending Above Key Chart Technical Levels.

But more on those in a second...

Transforming Regional Flying - Surf Air Mobility (NYSE: SRFM)

Strategic Differentiators

Why Surf Air Mobility is uniquely positioned to w.i.n in the regional air mobility market:

  • Scale - One of the largest regional commuter airline in the U.S.1 flying over 370K passengers per year (LTM ending September 30, 2024)
  • Experience - Established operations and brand in a highly regulated industry
  • Depth - Exclusive relationships with Textron Aviation and Palantir Technologies
  • Reach - Expansive distribution channel through major carrier interline agreements and 400+ air operators
  • Technology - Developing proprietary Al-enabled software to drive growth and pro-fit-ability
  • Execution - Deep management expertise across aviation, software, and electrification

Air Mobility Landscape

image

Market Opp. - The Beginning Of A Massive Growth Industry

image

Surf Air Mobility Overview - Two complimentary business units combine to scale regional air mobility

image

4-Phase Transformation Overview

image

Sources: SRFM Website. SRFM Presentation.

-----

As mentioned above, (NYSE: SRFM) has several potential catalysts to consider going into this week. Take a look:

No. 1 SRFM Potential Catalyst - This Profile Has A Low Float

According to info from the Finviz website, SRFM has a fairly low float.

The website reports this profile to have roughly 11.1Mn shares in its float.

-----

No. 2 SRFM Potential Catalyst - There Seems To Be Bullish Technicals Across The Board From Third-Party Indicators.

On Friday at 4:00PM EST, Barchart was reporting several triggered technical indicators across the short, medium, and long term for SRFM.

Here's their list (as of 4:00PM EST Friday):

Short Term Indicators

  • 20 Day Moving Average
  • 20 - 100 Day MA Crossover
  • 20 - 200 Day MA Crossover

Medium Term Indicators

  • 50 Day Moving Average
  • 50 - 100 Day MA Crossover
  • 50 - 150 Day MA Crossover
  • 50 - 200 Day MA Crossover

Long Term Indicators

  • 100 Day Moving Average
  • 150 Day Moving Average
  • 200 Day Moving Average
  • 100 - 200 Day MA Crossover

The website also shares its all-important "Trend Seeker" composite indicator is triggered as well.

Make sure to watch these technical indicators closely moving forward.

-----

No. 3 SRFM Potential Catalyst - Could Insiders Scooping Up Shares Create Bullish Sentiment?

Surf Air Mobility Announces Open Market Purchases of Company St-ock by Board Members

Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased an aggregate total of 31,737 shares of Surf Air Mobility Inc. common st-ock.

LOS ANGELES, December 27, 2024--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("the Company","Surf Air"), a leading regional air mobility platform, announced that Chairman of the Board, Carl Albert, and Co-Founder and Member of the Board, Sudhin Shahani, purchased 14,500 shares and 17,237 shares, respectively, of the Company's common st-ock, for an aggregate purchase price of approximately $110k, in open market transactions.

Mr. Albert said: "The Board of Directors and our senior leadership have built, approved and are executing our Transformation Plan. We have near and midterm goals to increase value for our shareholders. We are firmly and financially committed to successful execution of our Transformation Plan."

...

Read the full article here.

-----

No. 4 SRFM Potential Catalyst - Company Continues To Deliver On Its Transformation Plan With Accepted Delivery Of 4 New Cessna Grand Caravan EX Aircraft.

Surf Air Mobility Accepts Delivery of Initial Four Cessna Grand Caravan EX Aircraft in Fleet Order from Textron Aviation

LOS ANGELES, December 05, 2024--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) ("Surf Air"), a leading regional air mobility platform, announced today it has taken delivery of four Cessna Grand Caravan EX turboprop aircraft from Textron Aviation. These four aircraft are the first deliveries of Surf Air's previously announced fleet order with Textron Aviation. Surf Air is financing two of these aircraft through operating leases with ITC-AeroLeasing, Inc., an existing aircraft financing partner for Surf Air and a leading independent Japanese aircraft leasing and sales company serving the international general and business aviation communities.

Surf Air and Textron Aviation recently held a delivery event at Textron Aviation's manufacturing facility in Independence, Kansas, to celebrate the first deliveries.

"We're excited to immediately deploy these first four Grand Caravans onto our network to further enhance the pro-fit-ability of our airline operations," said Deanna White, CEO of Surf Air Mobility. "With our fleet order with Textron Aviation, we're continuing to deliver on our Transformation Plan as every new Caravan will increase our operational efficiency and provide an even better experience for our passengers."

... Surf Air plans to use its fleet order to renew its existing fleet, bolster its existing network, and launch new routes in regions across the country.

...

Read the full article here.

-----

No. 5 SRFM Potential Catalyst - This Profile Is Trending Above Key Chart Technical Levels.

Check out this key chart positioning:

image

In the chart above, SRFM was holding above 3 key technical chart levels as of Friday afternoon including its:

  • 50-Day Simple Moving Average (SMA)
  • 200-Day SMA
  • 13-Day Exponential Moving Average (EMA)

Make sure to watch these technical chart levels closely this week.

-----

(NYSE: SRFM) Recap - These 5 Potential Catalysts Could Draw Breakout Buzz!

No. 1 - This Profile Has A Low Float.

No. 2 - There Seems To Be Bullish Technicals Across The Board From Third-Party Indicators.

No. 3 - Could Insiders Scooping Up Shares Create Bullish Sentiment?

No. 4 - Company Continues To Deliver On Its Transformation Plan With Accepted Delivery Of 4 New Cessna Grand Caravan EX Aircraft.

No. 5 - This Profile Is Trending Above Key Chart Technical Levels.

-----

Coverage is officially initiated on Surf Air Mobility Inc. (NYSE: SRFM). I'll be in touch with updates when necessary.

Talk soon.

Sincerely,

Kai Parker

StockWireNews

1. 2035 TAM Source: Canaccord Equity Coverage Initiation Research Report
2. Based on SRFM management estimate


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

*StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company. Data is provided from third-party sources and StockWireNews ("SWN") is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. We do not provide personalized fin-ancial advice, are not finan-cial advisors, and our opinions are not suitable for all in-vest-ors. Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 02/09/25 and ending on 02/10/25 to publicly disseminate information about (SRFM:US) via digital communications. Under this agreement, SWN Media LLC was paid fourteen thousand USD ("Funds"). To date, including under the previously described agreement, SWN Media LLC has been paid thirty-four thousand USD ("Funds"). These Funds were part of the funds that TD Media LLC received from a third party who did receive the funds from the issuer and does not own st-ock in the issuer but the reader should assume that the clients of the third party own shares in the issuer that they will liquidate at or near the time you receive this communication, which has the potential to hurt share prices. Neither SWN Media LLC or its member own shares of (SRFM:US). Please see important disclosure information here: https://stockwirenews.com/disclosure/srfm/#details

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