Tuesday is known to be an all-around mediocre day. On some occasions the bloodiest trading day of the week. When stocks rally, they’re worth another look.
$GEGI closed up +37.25% at $0.014 with 86M in volume after yesterday’s churn at 2% with roughly 137M volume. News of Kasey Evans joining the board continues to spark interest and speculation
$TXTM had its second solid volume day, trading above 221M shares compared to 143M on Monday. shares broke the .0036 resistance and moved over 42% today closing at $0.0049.
$EVTN one of the top gainers on our hotlist moved 48.43% with low volume. Giving the indication something may be brewing. Since August the stock has moved more than 516%.
$GRGUF daily gains hit the top of our hotlist today at 51.98% on low volume. Is the large Helium discovery catching on. tradersque.com/ggruf-helium/
The Breakdown
($GEGI) Genesis Electronics Group Inc. continued volume seems to be driven by speculation its latest board additions point to an EV merger for $GEGI, Yet to be announced by the company we will have to rely on charts to follow this move. The Upper Weekly channel support lies near .013 and the stock closed .014. with a daily support at .0105 and lower weekly support at .0089. GEGI would need to hold these levels to maintain the trend strength. The overall chart is strong and controlled trading is aiding stability. A resistance of .0155 has yet to be tested
($TXTM) ProText Mobility, Inc. continues to trade a second day on healthy volume.
In an article we released on August 2nd, Buzzworthy OTC movers ‣ TradersQue ‣ Daily Q We covered the latest buzz in August was likely from a closing transaction in June, whereby it acquired 100% interest in RSAMMD Acquisitions LLC. Some shares hit the market and seems to have been cleared up from today’s move. Since the Pivot at .0024 the stock is up more than 100% closing today 41.03% up at .0049 with more than 221M in volume. Current weekly support holds at .0041 to maintain trend and a resistance of .0058 would be critical for a breakout.
($EVTN) – Enviro Technologies U.S. Inc. had a big day rolling off 2 Form 4 filings and an 8K posting from the 29th. The form 4 filings showing EVTN entered into a Share Exchange Agreement with Banner Midstream Corp. and Ecoark Holdings, Inc. the substantial amount of the exchange could be the key driver for the current rally. since August the stock has moved more than 516%. Below is links to the recent filings
ENVIRO TECHNOLOGIES U.S., INC. (Form: 4, Received: 08/29/2022 16:32:38) (otcmarkets.com)
ENVIRO TECHNOLOGIES U.S., INC. (Form: 4, Received: 08/29/2022 16:34:11) (otcmarkets.com)
ENVIRO TECHNOLOGIES U.S., INC. (Form: 8-K, Received: 08/29/2022 16:35:49) (otcmarkets.com)
($GRGUF) Grand Gulf Energy Ltd. Had a stellar day leading our hotlist as a top gainer. Though low volume the volatility indicates how thin this stock trades. Trading a total of 371,747 shares put the day’s gains at 51.98% closing .0269 up .0092 on the day. The movement could be from recently drilled Jesse#1A discovery well flow test. The news came out on the 24th of August. Rig Mobilizing for Jesse 1A Flow Test | GRGUF – Grand Gulf Energy Ltd. | News | OTC Markets The information gained from the flow tests will be used to further characterize the reservoir and optimize production from Jesse#1A and future Red Helium project wells in a success case.
