Today’s trading session is a beautiful sight for bulls as all 11 sectors are trading higher. Instead of highlighting an individual sector, to day I’d like to point out a few outliers across a couple of different sectors.
Outliers Across Each OTC Exchange:
While not making headlines of any sort, Chemistree Technology Inc. (OTCQB:CHMJF) is having an explosive day. The stock I currently trading up to $.0586/share (+95%) on more than 10x its normal volume!
On a day like today, you can’t help but look at the energy sector, leading the pack as it’s trading up +3.7% on the day. Within that sector, a rather popular OTC company is making a bullish technical move. Zion Oil & Gas Inc. (OTCQX:ZNOG) was off to the races before meeting a prior resistance level from earlier this year. The stock is still trading up over 16% in late trade, which is a great continuation of its uptrend over the last two months.
Lastly, in the communications sector, Electronic Control Security Inc. (OTC-PNK:EKCS) is finishing the day trading up to $.08/share (+60%) on roughly 1600% more volume than usual. While no announcements were made, it’s important to note that this move pushed the stock over its 50-day and 100-day SMA.
