Green Leaf Innovations Inc (OTCMKTS:GRLF) Jumps Without News: What to do Now?

Green Leaf Innovations Inc (OTCMKTS:GRLF), which is involved in providing services to the marijuana industry, was in considerable focus yesterday among investors despite there being no news about the company.

As a result, the stock soared by as much as 25% and in this situation, it might be worthwhile for investors to take a look at past developments in relation to Green Leaf. Back on March 25 this year, the company provided an update to its shareholders with regards to its efforts to turn completely compliant with the OTC Markets rules.

Green Leaf announced that it managed to accomplish two important things. One of those was the filing of its annual report to the State of Florida. On the other hand, the company also sent in an application to the OTC Markets and it was accepted. At the time, the company noted that there are more steps to be completed before the company can become current. However, investors could consider keeping an eye on any news about the company over the coming days. 

Market Reaction:

On Wednesday, GRLF stock surged by 25% to $0.0015 with more than 197.18 million shares, compared to  its average volume of 142.44 million shares. The stock has moved within a range of $0.0011 – 0.0015 after opening the trade at $0.0011.

Moving Averages

+/- EMA(20)0.0013 (+15.38%)
+/- SMA(50)0.0013 (+15.38%)
+/- SMA(200)0.0007 (+114.29%)
  Pivot Points
NameS3S2S1Pivot PointsR1R2R3

Related Posts

About The Author