GNCP is trading up Friday. Is a breakout coming?
Market Action
As of 10.10, GNCP stock is trading at $0.0016, up by 3.22%. More than 109.67 million shares have traded hands. The stock opened at $0.0017 and moved within a range of $0.0016-$0.0019.
GNCC Restored to Pink Current Tier
GNCC Capital released a press release before the opened on Friday.
GNCP confirms that effective today, the Company has been restored to the PINK CURRENT Tier on the OTC Markets. Needless to say, this will result in additional matters finally being addressed and from next week. Your Directors wish to extend their sincere appreciation to our loyal shareholders whom have patiently waited for this conclusion.
Trader Notes
GNCP has been trading along the .0015 area for the last few weeks. Small rallies up, a few pullbacks taking it below. While support seems to hold, one thing to notice is the peaks of the last 5 rallies are lower. GNCP does need to see a break above .0024 for a long term rally.
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