Investing in OTC stocks can be a high-risk, high-reward endeavor. However, for some traders, these lower-priced stocks can present potential opportunities for momentum plays. Momentum trading involves capitalizing on short-term price movements driven by market sentiment, technical indicators, and trading volume.
In this article, we will highlight four OTC stocks that experienced solid trading days on Tuesday, showcasing their momentum and potential for gains. Despite their low share prices, these stocks demonstrated strong performance, attracting attention from traders looking for short-term trading opportunities. Let's take a closer look at these four OTC stocks that had positive momentum on Tuesday.
Let's highlight four stocks that are catching the attention of investors: EPAZ, ADHC, INND, and ZRFY.
The first stock with a potential for a breakout is EPAZ, which finished Tuesday up 9.17%, following continued investor interest in their spinoff company, ZenaDrone. In the most recent update regarding ZenaDrone, EPAZ announced it has received a letter of support from the
Originally created to revolutionize the agriculture sector, the ZenaDrone 1000 has evolved into a multifunctional industrial smart drone that provides complete drone service solutions for public and private organizations, with a focus on military and police applications.
The recent letter of support from the
The upcoming test with the
The ZenaDrone 1000 is a fully autonomous drone solution for surveillance, inspection, and monitoring, equipped with innovative software technology, compact and rugged hardware, machine learning systems, multispectral sensors, and AI technology, with multiple use cases outside of military applications as well.
The ZenaDrone 100 has garnered positive reviews from various industries, including agriculture, oil and gas, wildfire management, civil engineering, and obviously military as well. ZenaDrone's goal for the coming year is to enhance its AI capabilities, including autonomous navigation of unmapped terrains, deep learning algorithms, and dual-use features for both commercial and military applications.
With a focused goal and momentum building for the ZenaDrone 1000, EPAZ makes for a great addition to any penny stock trader's watchlist.
The recent high price follows on the back of a shareholder update issued by the company. On Monday, ADHC announced multiple company updates, including the cancellation of 330 million shares of common stock as well as the unveiling of a new investor relations portal. In addition, ADHC has identified a new management team to lead the company in a new business direction and has been actively pursuing strategic partnerships, acquisitions, and new business opportunities.
ADHC's recent announcements reflect their efforts at restructuring and positioning the company for future success. As developments continue to unfold, ADHC shareholders and investors can anticipate further updates on these initiatives and their impact on the company's operations and performance.
Keep ADHC on your watchlist to see if the stock will carry its momentum
Another stock that finished in the green yesterday on the OTC markets is INND. Yesterday, INND hit a share price of 0.0035, an increase of 2.94%.
On Monday, INND released its unaudited financial results for the full year ended
One of the key financial highlights of InnerScope's 2022 full-year results is its consolidated net revenues, which totaled
InnerScope's financial performance in 2022 highlights their position as an emerging and disruptive leader in the hearing aid space. The company's impressive results reflect its commitment to innovation, customer satisfaction, and sound financial management. As InnerScope continues to expand its presence in the hearing aid market, investors and stakeholders could be looking forward to further positive outcomes in the future.
The last stock to keep an eye on is ZRFY, which managed to close up 80% on the day.
On
"We are always thrilled when we get the opportunity to speak to a sizable constituency like this," says
The upcoming presentation by
Disclaimers: This article contains sponsored content. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor with regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, and assumptions about future events or performance are not statements of historical fact and may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. CaptalGainsReport 'CGR' (owned by
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