Investors are almost always on the lookout for stocks which have managed to record significant gains within a short period of time and by that token, it might be a good move to look into the Advanzeon Solutions Inc (OTCMKTS:CHCR) stock.
Market Action
On Tuesday, CHCR stock ended flat at $0.0002 with 12K shares, compared to its average volume of 6.7K shares. The stock has moved within a range of $0.0002 – 0.0002 after opening trade at $0.0002.
Last Year News
Over the course of the past week, the stock has been in considerable focus among investors and clocked gains of as much as 100% as a consequence. While the gains made by the Advanzeon stock are certainly eye catching, it is also necessary to point out at the same time that there has been no news at all about the company for a long time.
As a matter of fact, the last time any news emerged about the company was back in April 2020. Hence, the latest rally in the stock may appear random or speculative to many investors.
At the time, the company had announced that its fully owned subsidiary company Pharmacy Value Management Solutions Inc had commenced efforts to tackle the COVID-19 pandemic by making plans to get into manufacturing sanitisation products. However, it is unlikely that the latest rally is linked to that announcement and hence, investors need to keep an eye on any news that might emerge about Advanzeon.
Traders Note
CHCR stock is trading above the 10-Day and 20-Day Moving averages of $0.0002 and $0.0003. Moreover, the stock is trading is the oversold zone with RSI stands at 16.
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