(24/7 MARKET NEWS)– We noticed that Versus Systems (NASDAQ: VS) was perking up and stated, while it was trading just below 50 cents, in yesterday’s premarket, that it looked like it wanted to challenge the 70-cent level.
After it hit 70 cents yesterday, it retreated, but still closed in the green, $0.4515, up $0.0515 (+12.87%), on 34,415,008 shares traded. The pullback was on lower volume, which is bullish, but the action just before the close was a little unnerving. However, if it was a shorter painting the tape just before the close, and we’re up this morning, we may be looking at something special.
Versus hit a high of $0.67, in this morning’s premarket, and is trading at 0.55, higher by a dime (+26.25%), on 1,675,898 shares.
Let’s see if Versus can hold above 50 cents and the volume remains strong, because it has a few key next level potential mover ingredients.
24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.