Will Asia Properties, Inc. (OTCMKTS:ASPZ) Continue To Move?

Asia Properties, Inc. (OTCMKTS:ASPZ) stock closed with gain on Thursday on big volume. What’s coming next?

Market Action

On Thursday, ASPZ surged 40.15% or $0.0138 to end the session at $0.0480. Total volume for the session stood at 940.6K shares, 21005% of its 30-average volume of 4,478 shares. The stock opened at $0.03 and moved within a wide range of $0.023-$0.1505.

ASPZ Latest Development

If we take a look at OTCMarkets we see that ASPZ is listed as Pink no information.  

If we look at the financials page, the company filed last in 2016.

The latest craze for speculators this year seems to be bidding up companies with nothing going on. Some of the moves have been crazy. Up thousands of percent over just a few days. While traders with fast fingers can and do make money on these runs, these stocks almost always come back to pre-orbit levels.

Trader Notes

Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic -0.1303 -0.0537 -0.0028 0.0738 0.1247 0.2013 0.2522
Fibonacci -0.0537 -0.0050 0.0251 0.0738 0.1225 0.1526 0.2013

Technical Indicators

Symbol Value Result Symbol Value Result
ADX 52.8599 Buy ATR14 0.0119
CCI20 389.4087 OverBought MACD 0.0018 Buy
Money Flow Index 95.5975 OverBought ROC 128.5714 Buy
RSI 65.9429 Buy STOCH (14,3) 21.4559 Sell
STOCH RSI 1.0000 OverBought UO 22.9409 OverSold
Williams %R -78.5441 Neutral

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