Up Or Down? MMEX Resources Corporation (OTCMKTS:MMEX)

MMEX Resources Corporation  (OTCMKTS: MMEX) stock is trading higher in Tuesday’s trading session.

MMEX Issues New Updates

MMEX Resources Corp. Advances Solar Power Hydrogen Clean Fuels and Carbon Capture Projects

  • announced it has signed project agreements to advance its first hydrogen and clean fuels with carbon capture projects along with expansion of its site in Pecos County, Texas.

Jack W. Hanks, President and CEO of MMEX Resources Corp. said, “We are expanding our footprint in Pecos County, Texas to accommodate our solar powered clean energy projects which include potential production of hydrogen and ultra-low sulfur transportation fuels, both with carbon capture technology. We have signed an agreement to purchase an additional 324 acres adjacent to our existing 126 acre site. This will allow us to implement potentially all four process components: solar power, production of hydrogen, clean transportation fuels, and carbon capture.”

Market Action           

As of 10:11, MMEX stock increased by 7.70% at $0.0014. The stock has traded 130.62 million shares, compared to its average volume of 410.30 million shares.  The stock opened at $0.0014 and moved in a range of $0.0013 – 0.0015.

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

Technical Indicators

CCI20-86.5430SellChaikin Money Flow0.1299Buy
MACD-0.0003SellMoney Flow Index21.8108Buy
STOCH (14,3)25.0000BuySTOCH RSI0.5386Neutral
UO65.8548BuyWilliams %R-75.0000Neutral

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