If you are looking into the major gainers from Thursday, then it could be a good idea to look into the Green Planet Group Inc (OTCMKTS:GNPG) stock, which soared by as much as 60%. The stock soared although there was no material news about the company yesterday.
However, it should be noted that the rally in the stock might have been a consequence of an announcement made by the company back on June 9.
At the time the company, which is involved in the green technology space, announced that it managed to secure funding that will allow it to finance its growth. It is a significant development for the company considering the fact that investors involved in the funding round not only met their initial commitments but also pledged more capital for Green Capital’s requirements in the future. It is now going to be interesting to see if the Green Plant stock can end the week on a strong note today.
Market Reaction:
On Thursday, GNPG stock leaped by 60% to $0.12 with more than 2.59 million shares, compared to its average volume of 336K shares. Moreover, the stock made a new 52-week high of $0.16 in the previous trading session. The stock has moved within a range of $0.0760 – 0.1600 after opening the trade at $0.0750. Over the past 52-week, the stock has been trading within a range of$0.0032 – 0.1600.
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | -0.0067 | 0.0347 | 0.0773 | 0.1187 | 0.1613 | 0.2027 | 0.2453 |
| Fibonacci | 0.0347 | 0.0668 | 0.0866 | 0.1187 | 0.1508 | 0.1706 | 0.2027 |
| Camarilla | 0.0969 | 0.1046 | 0.1123 | 0.1187 | 0.1277 | 0.1354 | 0.1431 |
| Woodie | -0.0390 | 0.0185 | 0.0450 | 0.1025 | 0.1290 | 0.1865 | 0.2130 |
| DeMark | – | – | 0.0980 | 0.1187 | 0.1820 | – | – |
 Stock Hits A New High: Will The Rally Continue?){kind=link}