Market Action
MJWL has seen tremendous growth over the 5 days, with the share price increasing 51.25%. The stock closed Wednesday up 27.37%. The total volume traded yesterday is 249.82 million. The stock traded in the range of $0.0082 – $0.0165.
MJWL Releases News
MJWL updated shareholders Wednesday. Highlights Included:
- The new Chief Operating Officer and Director of Board David Chong have been appointed.
- David Chong has 30 years of experience in medium and large public and private listed companies while working in an intercontinental location.
- He has qualified from the association of Chartered Certified Accountants in Professional Accountancy Studies.
- Along with the appointment of David Chong, the company has also submitted the OCTIQ application in order to bring shareholder transparency which will increase its value to the shareholders.
Trader Notes
MJWL is up over 100% in May. The stock is trading well above its 50-Day and 100-Day MA of $0.00889 and $0.00666 respectively. Also the RSI is 60.10, which says the stock is bullish. The next pivot points to wait for are $0.01764 and $0.02017.
MJWL was up 50% at one point during Wednesday’s trading day, but could not hold on to its gains.
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