There were a number of stocks which started the trading week on a strong note and one of those was the DLT Resolution Inc (OTCMKTS:DLTI) stock. On Monday, the DLT Resolution stock ended up with gains of as much as 8% after it made a key announcement.
Trading Data
On Monday, DLTI stock gained 8% to $0.80 with more than 37K shares, compared to its average Monday of 15K shares. The stock moved within a range of $0.7300 – 0.8125 after opening trading at $0.77.
DLT’s Union Strategies Inc Partners with Two Provincial Non-profit Organizations in Creating a Versatile App to Help Members and Community
The company announced that Union Strategies Inc, it’s fully owned subsidiary unit, had gone into partnerships with a pair of non-profit organisations. By way of this partnership Union Strategies is going to help the organisations with the creation of multifaceted apps which could help the community and the members of the organisation as well.
The news may have come as a source of considerable optimism among investors and that was possibly the reason why the stock rallied as strongly on Monday. Over the course of the past two and a half years, Union Strategies has been working with the administrative people at non-profit entity that helps special needs children. The latest announcement is another indication of the direction that the company is taking. It may now be a good idea for investors to perhaps add the DLT Resolution stock to their watch lists and watch for further moves.
Technical Data
DLTI stock is trading below the 20-Day and 50-Day Moving averages of $0.8350 and $0.9056 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.58.
