Will Minerco Inc (OTCMKTS:MINE) Hold?

Minerco Inc (OTCMKTS: MINE) is trading sideways in early trading on Monday.

Market Action

As of 10.10, MINE is trading lower by 1.47% at $0.0033. Volume is 36.55 million shares.

MINE Issues News

This morning, Minerco Inc released news. Here are the key snapshots:

Minerco (MINE) Developer of SHRUCOIN Announces that Davido Joins Rapper Bobby Shmurda and Rowdy Rebel to Appear at June 18th Live Streamed Global Concert Projected to have One Million Tickets Sold Worldwide

  • MINE announced that the largest musical artist in Africa, Davido, will be joining American rappers and songwriters, Bobby Shmurda & Rowdy Rebel to appear in a June 18th global live streaming concert.
  • Ticket sales are projected to reach 1 Million worldwide. Tickets will go on sale Monday via the Company’s SHRUCOIN, an m-PESA’s Phone Based Mobile Money Transfer Service.
  • The concert will be released as part of a docudrama to a combined global viewership of over 100 million subscribers through Amazon, Roku and Apple TV as well as its own channel, SHRUTV.com.
  • The concert itself will be available exclusively to concertgoers who have purchased a ticket for $20 in SHURCOINS at www.shrucoin.com, which is owned and operated by Minerco, Inc.

Trader Notes

Share Information

SHARES OUTSTANDING94.90 M
SHARE FLOAT (%)94.18 M (99.24%)
% HELD BY INSTITUTIONS0.11

Recent Stock Performance

5-DAY PERF.-10.53%
1-MONTH PERF.-12.82%
3-MONTH PERF.-73.23%
6-MONTH PERF.+3300.00%
YTD PERF.+78.95%
1-YEAR PERF.+0.00%

Moving Averages

+/- EMA(20)0.0041 (-17.07%)
+/- SMA(50)0.0050 (-32.00%)
+/- SMA(200)0.0025 (+36.00%)
Pivot Points
NameS3S2S1Pivot PointsR1R2R3
Classic0.00260.00280.00310.00330.00360.00380.0041
Fibonacci0.00280.00300.00310.00330.00350.00360.0038
Camarilla0.00330.00330.00340.00330.00340.00350.0035
Woodie0.00250.00280.00300.00330.00360.00380.0041
DeMark0.00320.00330.0037
Technical Indicators
SymbolValueResultSymbolValueResult
ADX36.8816BuyATR140.0010
CCI20-120.9338SellChaikin Money Flow-0.0209Neutral
MACD-0.0006SellMoney Flow Index21.9941Sell
ROC-34.6154SellRSI42.2629Sell
STOCH (14,3)37.7778SellSTOCH RSI0.4526Buy
UO39.9978SellWilliams %R-62.2222Neutral

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