Up 467% since our April alert, the penny stock of Neohydro Technologies Corp. (NHYT) is having a smoking hot July in advance of their official name and ticker change to Epoxy, Inc. (EPXY). Despite no syndicated updates since mid June or new SEC filings since their 14C which had Friday, July 18, pegged as the date when the app developer expects FINRA to change NHYT stock to EPXY stock, today marked the eighth consecutive session where resistance points got smashed into pieces as an attempt to crush the 52Wk high of 0.063 which was set nearly a year ago. After closing at the HOD on a session when the bulls were in full control, the run up to Friday’s closing bell has a new 52Wk high targeted on its radar as the old ticker continues to climb up the list of the top 10 traded OTC stocks.
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EPXY Stock Quote
Market Cap: 9.96M
Last: 0.059 ▲ +0.0251 (+74.04%)
Dollar Volume: $544,785
14-Day RSI: 95.84%
1st Resistance Point: 0.0673
1st Support Level: 0.0425
52Wk High: 0.063
52Wk Low: 0.0045
The updated website for Epoxy and better description of how their app allows for retail establishments and eateries primarily in the Las Vegas, NV area to develop a digital loyalty card system in place of the card system which has costs substantially higher than an app based system. With the list of existing clients already partnered into the Epoxy family, it’s no wonder why no new updates or filings would be necessary for the soon-to-be EPXY stock to have heated up so much this month.
Since our coverage alert on NHYT stock back on April 13, shares bounced around between 0.0199 and 0.0069 with little to no real direction to them until the start of last week when the epoxy that was keeping the bulls at bay finally came loose. Shares of the soon-to-be EPXY stock broke past 0.02 on Friday of last week, a feat which hadn’t occurred all year, and have since gained almost 200% as tomorrow begins the test to break past 0.06 and the 52Wk high of 0.063 which was set back on July 23, 2013.
If the hot MILF’s on the Epoxy website don’t grab you, the momentum NHYT stock has should even though we’d prefer to see an update come from David Gasparine, CEO of Epoxy Inc., and reports of revenues for Q2 being greater than the $4,385 that was reported for the 3 months ended March 31, 2014. As sexy as today’s close was with the power hour rush sending the PPS to within reach of 0.06, looking towards EPXY stock being quoted after 8 straight sessions of green, the last 4 all setting new YTD highs, 100% Strong Buy from Barchart.com and an RSI nearing 100% begs to ask if the glue can hold it all together for a couple more sessions.
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About EPXY Stock
Epoxy, Inc., currently Neohydro Technologies Corp., through their wholly owned subsidiary Couponz, Inc., is an emerging growth company operating as the developer of Epoxy app, an application or “app” for iPhone iOS and Android operating systems designed and created to conveniently connect business owners and consumers in order to ease marketing frustrations.
Issued and Outstanding: 168,824,706
Last 5 Trading Sessions:
In advance of the switch over to EPXY, NHYT has been on such a tear that it would be nearly impossible for what’s been an amazingly hot penny stock to keep pushing forward without some kind of a pullback. The last 30 minutes of trading was simply to strong to not expect a correction to come before trying to reach out for 0.06. As the official change over from NHYT to EPXY is expected to come Friday, a new ticker symbol to start next week is likely to lock out some traders from being able to capture the gains they’ve accumulated since not all trading platforms are so immediate to reflect the change.