CHZP Taking Chess Global With International Patent
Chess Supersite Corp. (OTCPINK: CHZP)
Around 600M people play chess around the world. That’s a really big number and an even potentially bigger market.
My newest trade idea just is entrenched in this huge global market and news that CHZP has filed an international patent has sent Wall Street buzzing.
The stock is up 100% on its historical low since late July and a bullish chart formation has come into play.
RSI is a solid 39 which gives upside and bounce potential. You won’t find a better combo in a company that is dominating the news in the chess space right now.
Take CHZP very seriously because its 12-month high is 1.25. It’s pushed off support and since hitting a low of 0.05 the stock has been slowly bu8ilding upward momentum.
Average volume is now 129K (see chart below) and the strong news is a major catalyst.
I think you should take an urgent look at this trade opportunity.
Check out the chart…
Here’s a link to the chart: http://www.barchart.com/interactive_charts/stocks/CHZP
CHZP’s (Chess Supersite Corp.,) primary business is the development and operation of the chess portal www.chesssupersite.com — a comprehensive chess portal featuring state-of-the-art playing zone, broadcasts of the major tournaments, intuitive mega database, chess skilled contests and much more.
78% Of US Chess Players Are Graduates Earning Over $120K Annually
According to authoritative polling organization YouGov, across varied national demographic profiles (US, UK, Germany, Russia, India), a surprisingly stable 70% of the adult population has played chess at some point during their lives. Even if they played as children but left it behind as they grew up, they still retain a deep admiration for the game.
Across the board, chess players and non-players alike rank chess significantly higher than any other game or sport for attributes such as intelligence, sophistication, strategy, perfection and complexity confirming top branding agency Pentagram’s view: “Chess is about Thinking and Winning.”
Most surprising is the percentage of adults who actually currently play chess (either weekly, monthly or during the past year): 12% in the UK; 15% in the U.S. 23% in Germany; 43% in Russia; and 70% among the 121m Indians considered ABC1 by advertisers.
But the raw numbers themselves are astonishing: over 6m, 35m, 16m, 50m and 85m people in the U.K., U.S., Germany, Russia, and India (ABC1), respectively, are playing chess regularly and more than half are 18-34.
And, when YouGov dug deeper, they found out how people who play chess regularly differ from those who don’t.
Current chess players are better informed than those who either used to or never played chess: they are 5x more likely to read The Guardian, The New Scientist or The Week (in the U.K.) or 2.5x more likely to read The New York Times, The Wall Street Journal, The Economist or The New Yorker (in the U.S.).
Although chess has very low barriers to entry and is played across the socioeconomic spectrum, in the U.S. 78% of regular chess players are university graduates and among households with incomes over $120,000, 21% are regular chess-players.
Chess Supersite Corporation (CHZP) Has Completed Filing of Its Application for International Patents, Including USA
TORONTO, ON–(Marketwired – Jul 11, 2016) – Chess Supersite Corporation ( OTC PINK : CHZP ) – The nature of the Company’s patent is to create a practical, educational yet enjoyable mechanism helping students to understand the selection of moves by strong grand masters who play a match online. Besides the game itself, students see on their screens 3 hints (best moves) selected by one of the strongest computer programs, while listening to grand master commentary, all in real time. Once the game is over, all students/spectators are invited to participate in an analysis of the game just played, along with the players and commentators.
This is a unique experience which should tremendously help students of chess to understand how grand masters think, and how they choose their moves.
The Company is preparing to use its patented technology both live and online. Further announcements concerning this technology will be forthcoming shortly.
To learn more about CHZP please visit their website: http://www.chesssupersitecorp.com/
Check out CHZP now.
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