Why The Selling? LGBTQ Loyalty Holdings Inc (OTCMKTS:LFAP)

LGBTQ Loyalty Holdings Inc (OTCMKTS:LFAP) is one of the notable penny stock losers on Tuesday. Why are investors selling? LFAP must hold this .25 area or it could get ugly.

Market Action

As of 1:22, LFAP stock plunged 30.12% to $0.0276. Total volume was 22.73 million shares – 2X its average volume. The stock opened at $0.0448 and moved in a wide range of $0.0271 – 0.0448.

LFAP Issues News

LGBTQ Loyalty Holdings Launches LGBTQ + ESG100 ETF

  • LFAP announces through its wholly owned subsidiary, Loyalty Preference Index, Inc., the launch of the LGBTQ + ESG100 ETF (NASDAQ: LGBT) today.
  • The LGBTQ + ESG100 ETF is one of the first funds designed to serve the principles and values of the LGBTQ community and its allies.
  • The fund provides investors with the methodology and results related to performance of the top corporations that embrace ESG principles in the workplace and advance equality.

“I am thrilled that the launch of the LGBTQ + ESG100 ETF has arrived. Today is an important day for advancing equality, as we showcase companies that align and support the LGBTQ community through this announcement. Seeing the trading symbol ‘LGBT’ listed on Nasdaq is truly historic,” said Martina Navratilova, former Hall of Fame professional tennis player and member of the LGBTQ Loyalty board of directors.

Trader Notes

Share Information

SHARE FLOAT (%)385.94 M (81.58%)

Recent Stock Performance

5-DAY PERF.+0.73%
1-MONTH PERF.+38.50%
3-MONTH PERF.+177.00%
6-MONTH PERF.+369.49%
YTD PERF.+394.64%
1-YEAR PERF.+134.75%

Moving Averages

+/- EMA(20)0.0274 (+1.09%)
+/- SMA(50)0.0163 (+69.94%)
+/- SMA(200)0.0121 (+128.93%)

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI2074.5636BuyChaikin Money Flow-0.1034Sell
MACD0.0075BuyMoney Flow Index73.4774Sell
STOCH (14,3)40.0718SellSTOCH RSI0.4324Neutral
UO36.4218SellWilliams %R-59.9282Neutral

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