It is often seen that there are certain stocks in the market which may not be particularly well known despite delivering strong gains and one such stock at this point is the Hop-on Inc (OTCMKTS:HPNN) stock.
As it happens, the stock has been in the middle of a strong upward move in recent days and the trend remained the same yesterday as it ended the day with gains of 9%. That took the gains made by the stock in the past week to as much as 17%.
Trading Data
On Tuesday, HPNN stock gained 9.68% to $0.0034 with more than 19.53 million shares, compared to its average volume of 26.43 million shares. The stock moved within a range of $0.0028 – 0.0035 after opening trade at $0.0031.
Recent Development
The company seems to have come into focus owing to the fact that it has developed a new product called Digitalage that can help in tracking social media.
Considering the fact that the number of social media platforms are rising by the day, the presence of a product that can help track it effectively is an important development. In addition to that, the app has something for all kinds of users and perhaps more importantly, it will be possible for consumers to go through all sorts of content without the problem of advertisements. The Hop-On stock has been called a dark horse by some experts as well.
Technical Data
HPNN stock is above the 20-Day and 50-Day Moving averages of $0.0028 and $0.0029 respectively. The stock is trading in the neutral zone with the RSI at 59.
