GNCC Capital, Inc. (OTCMKTS: GNCP) is trading higher Monday morning on heavy volume.
Market Action
Shares of GNCP are up Monday morning. As of noon, the stock was trading at .0018 up 20% on 263 million shares already over its 30 day average volume of 225 million shares. Trading opened at .0017 and has ranged between .0016 and .0019.
News Highlights
GNCC Capital, Inc. issued news pre market. Here are a few highlights.
GNCC Capital, Inc. Files Amended Attorney Letter In Order To Be Reinstated As Pink Current On The OTC Markets And Other Material Matters.
GNCC confirms that external Counsel has completed his extensive review and prepared the amended Attorney Letter.
This being in respect of the following Annual and Quarterly Reports that were filed on May 9, 2021, and dated May 8, 2021.
– Annual Report for the year ended September 30, 2019
– Annual Report for the year ended September 30, 2020
– Quarterly Report for the period ended December 31, 2020
– Quarterly Report for the period ended March 31, 2021
These Reports will now be reviewed by OTC Markets Compliance and if satisfactory, the Company will be moved from that of “LIMITED INFORMATION” to “PINK CURRENT”.
Traders Notes
GNCP is up big since it’s breakout in February, but has lost about 50% of its gains.
Potential pivot points to keep an eye on are .00146, .00158, and .00166 below and .00178, .00186, and .0020 above.
With today’s spike, GNCP is trading above its 5,10, 20, 50 and 100 day moving averages, a bullish sign.
If GNCP can close near the highs, today’s action could draw the interest of traders looking for momentum plays.
 Spikes on Filing.){kind=link}