If you are currently on the lookout for stocks that might have managed to record strong gains over the past month then the iQSTEL Inc (OTCMKTS:IQST) stock could well be one to look into.
During the past month, the stock has gone up by 17% and yesterday, the company made another important announcement. The company announced yesterday that it has decided to launch a new division that is going to be solely dedicated to electric vehicles.
In this regard, it is also important to point out that the company is already involved in the electric vehicles space by way of its collaboration with Alternet Systems Inc. The company is working with the MODUS EV design team at Alternet Systems in order to create an electric vehicle batter and also for the creation of a motorcycle dashboard. In light of the gains made by the stock over the past month, the iQSTEL could be added to the watch lists by investors.
Market Reaction:
On Thursday, IQST stock up marginally to $0.5451 with more than 1.73 million shares, compared to its average volume of 1.45 million shares. The stock has moved within a range of $0.5400 – 0.5899 after opening the trade at $0.5450. Over the past 52-week, the stock has been trading within a range of $ 0.0590 – 2.0000.
Moving Averages
| +/- EMA(20) | 0.54 (+1.85%) |
| +/- SMA(50) | 0.62 (-11.29%) |
| +/- SMA(200) | 0.46 (+19.57%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.4769 | 0.5084 | 0.5268 | 0.5583 | 0.5767 | 0.6082 | 0.6266 |
| Fibonacci | 0.5084 | 0.5275 | 0.5393 | 0.5583 | 0.5774 | 0.5892 | 0.6082 |
| Camarilla | 0.5314 | 0.5360 | 0.5405 | 0.5583 | 0.5497 | 0.5542 | 0.5588 |
| Woodie | 0.4702 | 0.5051 | 0.5201 | 0.5550 | 0.5700 | 0.6049 | 0.6199 |
| DeMark | – | – | 0.5425 | 0.5583 | 0.5924 | – | – |
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