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In a primarily red day for most stocks, VHUB managed to continue higher, closing up for the fifth straight trading session. As a result, for the last day of April, VHUB has moved to the top of our watch list for Wednesday, followed by some old and new faces.
VHUB – Potential Continued Bounce – (Vapor Hub International Inc.) – closed up 10.22%, at .55 per share, with more than 1 million shares exchanging hands Tuesday. Vapor Hub International is dedicated to deliver a superior and distinctive E- cigarette brand through leading online and retail distribution all supported through low-cost infrastructure, quality production and efficient supply chain systems all geared towards to driving significant value for its shareholders. Shares of VHUB had another double digit day, closing at the session high, and look to continue higher after today’s finish. If VHUB can break .60, which it will likely need more volume to do, it could jump to .70 shortly after. At this point, look for price dips to add; Tuesday’s range from it’s lows (.43) to it’s highs (.55) would equate to gains of more than 25%. Keep the stock on close watch tomorrow.
ly, weakness early tomorrow morning is met with buyers, and the stock carries higher from there testing it’s 50 day moving average at .48. Look for weakness as a potential opportunity; we dont see ELTP opening up higher and never looking back tomorrow (barring no major news release), but could see it being good for a quick trade early in the morning. Keep the stock on close watch. UNGS – Volume – (US Natural Gas Corp.) – closed up 5.00%, at .0021 per share, with more than 160 million shares exchanging hands Tuesday. US Natural Gas Corp., soon to be known as Sylios Corp., is a holdings company with oil & gas interests and a recently formed wholly owned subsidiary focusing on medical marijuana. The Greater Cannabis Company, LLC (“GCC”)- is a wholly owned subsidiary focusing its operations on the medical and recreational marijuana market. UNGS blew it’s previous record share volume day of more than 82 million shares traded out of the water, nearly doubling that amount today, reaching a high of .0032, up over 40% most of the session, but closed only one tick above Monday’s close, up a mere 5%. Will the ‘volume before price’ theory prove to be true for UNGS? From what we’ve read across social media, it appears the company could shed light on previously announced planned acquisitions over the immediate short term. If UNGS can close over it’s 50 day moving average at .0022, and then over major resistance it’s battled at .003, it could make a nice move from down here. Keep the stock on close watch.
The Penny Stock Experts Team at Todayspickis.com
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