Over the course of the past week, the One World Universe Inc (OTCMKTS:OWUV) stock has emerged as one of the stronger performers and the trend continued yesterday as the stock ended the day with gains of another 6%. The gains made by the stock yesterday took the gains over the course of the past week to as much as 31%.
Market Action
On Monday, OWUV stock ended up by 5.9% at $0.3940 with 2.14 million shares, compared to its average volume of 4.55 million shares. The stock has moved within a range of $0.3350 – 0.4295 after opening trade at $0.3879.
Announces NFT Launch Schedule for OneWorld ALIENS Club
The company, which is best known for getting into emerging spaces like Metaverse, was in focus yesterday after it announced plans about launching its NFT collection named ‘OneWorld ALIENS Club’ through its subsidiary company Metaverse Holding Corp.
The company added that it was going to launch the NFT collection on January 7, 2022. The announcement came as a source of significant optimism among investors and the One World Universe stock rallied soon after. The excitement among investors is understandable considering the fact that NFTs have become a major driving force in the crypto space over the course of the year so far.
Many companies are getting into the space now and the launch of another collection may have come as an exciting opportunity for many investors. It now remains to be seen if the stock can continue to add to its gains today.
Traders Note
OWUV stock is trading above the 20-Day and 50-Day Moving averages of $0.24 and $0.11. Moreover, the stock is trading is the oversold zone with RSI stands at 71. The stock is up 822% over the past month.
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