Enzolytics Inc (OTCMKTS:ENZC) Tripled in a Month: Is The Rally Real?

Among the stocks that have managed to record considerable gains over the past month, the gains made by the Enzolytics Inc (OTCMKTS:ENZC) stock has been quite eye catching.

During that period, the stock has managed to shoot up threefold and much of those gains were triggered by certain important developments. Earlier on in the week, Enzolytics announced that it has created a coherent protocol that it is going to deploy in order to product a therapeutic cure for AIDS.

In addition to that, the company also intends to use the protocol to target both current and future pandemics. The company came up with the protocol in collaboration with Intel Corporation. The artificial intelligence tools from Intel are going to be deployed in order to speed up discovery and development of healthcare. Last month the company had announced that a pharmaceutical entity in Europe had been granted permission by Enzolytics to distribute its anti-HIV product ITV-1 in many countries in Asia and Africa.

Technical Indicators

CCI20152.3084BuyChaikin Money Flow0.2426Buy
MACD0.0205BuyMoney Flow Index64.4698Sell
STOCH (14,3)76.6062BuySTOCH RSI0.5985Sell
UO68.9667BuyWilliams %R-23.3938Neutral

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