Symmetry Technologies (OTCMKTS:SMMR) was in special limelight on Monday as the stock went up huge on very unusual volume. Moreover, the stock almost reached to its new high in the previous trading session.
SMMR stock closed higher by 438% to $0.0750. What is more interesting is that the stock had witnessed its highest one-day volume at least in the past one month. Total volume for the session stood at 2.83 million shares, compared to its average volume of 111k 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 700% to hit the new 52-week high of $0.0910.
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. The last news issued by the company was in 2014
Symmetry Technologies Inc. develops data center, infrastructure, and network solutions. It provides managed information technology (IT) services, including maintenance plans that include planned service for network, reducing possibilities for unplanned outages; and networking services comprising professional implementation services for network projects. The company is based in Coral Gables, Florida.
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | -0.0525 | -0.0206 | 0.0272 | 0.0591 | 0.1069 | 0.1388 | 0.1866 |
| Fibonacci | -0.0206 | 0.0098 | 0.0287 | 0.0591 | 0.0895 | 0.1084 | 0.1388 |
| Camarilla | 0.0531 | 0.0604 | 0.0677 | 0.0591 | 0.0823 | 0.0896 | 0.0969 |
| Woodie | -0.1082 | -0.0485 | -0.0285 | 0.0312 | 0.0511 | 0.1109 | 0.1308 |
| DeMark | – | – | 0.0432 | 0.0591 | 0.1228 | – | – |
 Stock Jumps Big On Unusual Volume: What’s The Buzz?){kind=link}