There has been no news about the lighting solutions provider Cyberlux Corporation in recent days, but that has not deterred its stock from making significant gains.
Last Friday the Cyberlux (OTCMKTS:CYBL) stock was on fire and went up by 45% to take its gains over the whole week to as much as 185%. Since there has been no news about the company at all, it might be a good idea for investors to take a look at the company and the nature of its business. The company is best known for priding battery-operated, lightweight LED lighting systems.
The company is a contracted supplier of the United States Department of Defense and that is something that is an indication of the fact that Cyberlux produces dependable products. While it is true that there has been no development with regards to the company, it might be a good idea for investors to keep the stock on their watch lists and keep an eye out for any news regarding Cyberlux in the coming days.
It does not appear that the stock has been caught up in the ‘meme stock’ frenzy either and hence, it is going to be interesting to see if it can hold on to its momentum this week.
Market Reaction:
On Friday, CYBL stock soared 46.67% to $0.0044 with more than 495.09 billion shares, compared to its average volume of 62.94 million shares. The stock has moved within a range of $0.0026 – 0.0044after opening the trade at $0.0032. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0060.
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.0014 | 0.0020 | 0.0032 | 0.0038 | 0.0050 | 0.0056 | 0.0068 |
| Fibonacci | 0.0020 | 0.0027 | 0.0031 | 0.0038 | 0.0045 | 0.0049 | 0.0056 |
| Camarilla | 0.0039 | 0.0041 | 0.0042 | 0.0038 | 0.0046 | 0.0047 | 0.0049 |
| Woodie | 0.0005 | 0.0015 | 0.0023 | 0.0033 | 0.0041 | 0.0051 | 0.0059 |
| DeMark | – | – | 0.0035 | 0.0038 | 0.0053 | – | – |
Moving Averages
| +/- EMA(20) | 0.0019 (+131.58%) |
| +/- SMA(50) | 0.0014 (+214.29%) |
| +/- SMA(200) | 0.0009 (+388.89%) |
 Stock Continues to Soar: How to Trade Now?){kind=link}