Stocks may move in a range but if there is any related news about the company then it may be a good move to take a look into it. After all the stock may actually breakout.
Trading Data
On Tuesday, MOBO stock ended flat at $0.0800 with more than 9K shares, compared to its average volume of 19K shares. The stock moved within a range of $0.0800 – 0.0800 after opening trade at $0.0800.
The Avail Scientific Inc (OTCMKTS:MOBO) stock was trading in a range yesterday but the company was in the news after it made an announcement with regards to a key appointment. The company announced that it had appointed a new Head of Special Operations in the form of David Leonard. It is a key appointment and also in a significantly important position, which is why it remains to be seen how it all works out for the company.
AVAIL SCIENTIFIC INC., Announces the Appointment of Head of Special Operations
The company announced that it had appointed Leonard in the particular role so that its plans with regards to the development and usage of its therapeutic treatments could finally become a success. Leonard is going to be involved in educational programmes, logistics and research with regards to a wide range of projects. He is a highly experienced executive and has been involved in the industry for more than two decades. It may be a good time to add the stock to your watch lists.
Technical Data
MOBO stock is below the 20-Day and 50-Day Moving averages of $0.0909 and $0.0933 respectively. The stock is trading in the oversold zone with the RSI at 46.
