If you are looking into the possibility of getting into microcap stocks then it might be a good move to start tracking the Nutranomics Inc (OTCMKTS:NNRX) stock.
The stock has seen heavy action ever since it was officially reinstated by the OTC Markets last month and yesterday, the stock soared by as much as 25% amidst keen interest from investors. At this point in time, investors are accumulating the Nutranomics stock in big numbers and that has been a major factor behind the upward move.
While it is true that there has been no fresh news about the company, it is important to note that the stock is now charting a path that had previously been charted by stocks like Enzolytics and Tesoro. Both of those stocks had managed to breakout in a big way and managed to deliver enormous gains. Hence, it might be a good idea for investors to keep the Nutranomics stock in their watch lists.
Market Reaction:
On Wednesday, NNRX stock surged 25% to $0.0010 with more than 449.03 million shares, well above its average volume of 137.74 million shares. The stock has moved within a range of $0.0008 – 0.0011 after opening the trade at $0.0008.
Moving Averages
| +/- EMA(20) | 0.0010 (+0.00%) |
| +/- SMA(50) | 0.0011 (-9.09%) |
| +/- SMA(200) | 0.0006 (+66.67%) |
| Pivot Points | |||||||
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.0005 | 0.0007 | 0.0008 | 0.0010 | 0.0011 | 0.0013 | 0.0014 |
| Fibonacci | 0.0007 | 0.0008 | 0.0009 | 0.0010 | 0.0011 | 0.0012 | 0.0013 |
 Stock Gains Momentum On Unusual Volume){kind=link}