Up Or Down? Rushnet Inc (OTCMKTS:RSHN) Comes Back Strongly

Rushnet Inc (OTCMKTS:RSHN) continues to see heavy buying interest as the stock has soared 200% over the past week.

Market Action

As of 12:00, RSHN stock jumped 35% to $0.0060 with more than 680.63 million shares, well above its average volume of 161.76 million shares. The stock has moved within a range of $ 0.0042 – 0.0067 after opening the trade at $0.0045.

Major Trigger:

RushNet Inc. Cancellation of Proposed Reverse Split

Key Highlights:

  • announced the official cancelation of the proposed Reverse Split (RS). The company will file with the Colorado Secretary of State to reflect such cancelation.

Moving Averages

+/- EMA(20)0.0025 (+148.00%)
+/- SMA(50)0.0014 (+342.86%)
+/- SMA(200)0.0009 (+588.89%)

Technical Indicators

CCI20230.2222OverBoughtChaikin Money Flow0.0766Buy
MACD0.0008BuyMoney Flow Index75.1043Buy
STOCH (14,3)50.7042NeutralSTOCH RSI0.5218Neutral
UO52.3107BuyWilliams %R-49.2958Neutral

Pivot Points

NameS3S2S1Pivot PointsR1R2R3

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