665 Energy, Inc. (OTCMKTS:SSOF) has been gaining a lot of momentum over the past week with continuous buying interest along with massive volume.
IWAL stock closed higher by a whopping 118% to $0.0085 on Monday. The stock had started its rally last week and now up 400% in a week. What is more worth mentioning is that the stock had witnessed its highest one-day volume at least in the past year. Total volume on Monday stood at 152.09 million shares, compared to its average volume of 9.08 million shares. The stock had started the session with slight gains and picked up momentum in afternoon trading as the stock went up as much as 130% to hit the session high of $0.0129.
So what triggered such a big move? Well, there was no news and as we all know penny stocks often do need news to trigger a big move.
Sixty Six Oilfield Services, Inc. sells and rents heavy oil field equipment to the oil and gas industry in the United States and internationally.
But, one should note that the company has not released any news since 2019, and one needs to be careful while trading momentum-driven penny stocks. The company had a market capitalization of 3.55 million (based on the closing price on June 21, 2021). Over the past year, the stock has been moving within a range of $0.0004 – 0.0129.
Moving Averages
| +/- EMA(20) | 0.0029 (+193.10%) |
| +/- SMA(50) | 0.0018 (+372.22%) |
| +/- SMA(200) | 0.0018 (+372.22%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | -0.0006 | 0.0014 | 0.0049 | 0.0069 | 0.0104 | 0.0124 | 0.0159 |
| Fibonacci | 0.0014 | 0.0035 | 0.0048 | 0.0069 | 0.0090 | 0.0103 | 0.0124 |
| Camarilla | 0.0070 | 0.0075 | 0.0080 | 0.0069 | 0.0090 | 0.0095 | 0.0100 |
| Woodie | -0.0036 | -0.0001 | 0.0019 | 0.0054 | 0.0074 | 0.0109 | 0.0129 |
| DeMark | – | – | 0.0059 | 0.0069 | 0.0114 | – | – |
 Stock Soars 400% in a Week: What’s Going On?){kind=link}