Volume Surge Could Lead To Potential Breakout On (TWOH), Here's What You Need To Know
TWOH is off and running this morning, already hitting a high over $.11 while currently trading in the green.
Additionally, TWOH is trading above two lines of potential support in its 13-Day Exponential Moving Average and its 50-Day Simple Moving Average.
With these lines currently under the stock's trading price, traders may view this stock as an idea with significant support.
That could be why TWOH has already traded more shares than its 50-Day daily share average.
This volume surge could trigger a potential breakout in the short-term. That means if you haven't read my full report on TWOH, do it right now below and get it on your radar.
Let's take a step back for a second and reanalyze what happened the last time I brought this stock profile to your attention.
Being a low float idea, there was the potential for volatility, and when the markets opened back on February 18th, this stock exploded.
From its prior close of $.1219 on February 14th, this low float profile opened the following session over 105% higher at $.25+ per share.
Now, nearly a month and a half later, this stock profile appears like it could be ready to pop again. Here's why...
Important CB Future Outlook + Sector Analysis
With a market estimated to grow more than 260% to a dizzying $1.25Bn over the next four years, it appears that the demand for CB is expected to continue to grow.
In fact, that recent industry study predicted the global CB market will grow from $311.7Mn this year to that staggering $1.25Bn height by 2024. Hemp farming quadrupled in 2019 as the crop, which was legalized in the 2018 farm bill, was seen to pack huge new growth potential.
There are easily more than 1,000 CB-infused products currently available online.
As the sector continues to grow, I've been looking at multiple stocks with "Green Wave" connections that could be hidden gems.
Before Wall Street finds out about this tiny stock profile with stunning upside potential, I want to bring it to your attention first.
Your new breakout stock profile for Wednesday, April 8th is:
> Two Hands Corporations (OTC: TWOH) <
Two Hands Corporation is both an organic hemp based CB cultivator and application development company that strives to offer the highest quality CB extract derivatives to be exported under Two Hands CB Lab brand.
TWOH, for the most part, is two businesses in one.
Both the CB and the Application (App) arenas are both multi-billion dollar sectors with tremendous growth potential currently, and in the future.
With diversification, a company has a better chance of running a successful business. TWOH aims to do just that.
#1 Potential Breakout Catalyst For TWOH
Your new stock idea (TWOH) has a very interesting share structure.
According to the Yahoo Finance website, TWOH has an approximate total of 3.76Mn shares in its float.
As we've seen with several previous breakout ideas over the first few months of this year, a stock with this few shares in its float is open to potential volatility.
That means something like the slightest bit of positive company news could send shares vertical.
For this reason, and this reason alone, it would be worth watching TWOH closely.
But that's not all...
#2 Potential Breakout Catalyst For TWOH
Two Hands Corporation Issues Corporate Update
TORONTO, July 16, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Two Hands Corporation (OTCQB: TWOH), (the "Company", "Two Hands"), is making solid progress to growing our "Green Wave" business and listing on The Canadian Securities Exchange.
CEO of Two Hands, Nadav Elituv commented, “We have made great strides in accomplishing our goal of listing on The Canadian Securities Exchange. With increased corporate governance over the past few months we have added two Independent Directors and a new CFO. On June 14th our securities were registered under Section 12(g) of the Securities Exchange Act of 1934, and on June 28th we filed our preliminary prospectus with the CSE that can be found on SEDAR.”
Nadav Elituv continues, “We anticipate our initial test harvests comprised of 10 different genetic strains and nearly 600 plants will be evaluated by the ICA in the coming weeks so we can continue construction of our Greenhouses as we continue to invest and advance our 'Green Wave' cultivation footprint up to the 10 hectares over the next twelve to eighteen months after the closing. As we continue to expand our business, we have initiated talks to acquire another licence within Central Africa.”
Click here for the full article.
The two main takeaways from the TWOH corporate update:
1.) Working for approval of being listed on the the Canadian Securities Exchange (CSE)
2.) Attempting to expand their "Green Wave" business with another potential license within Central Africa
#3 Potential Breakout Catalyst For TWOH
Two Hands Corporation Set to Launch Native Application
Making co-parenting easier and more manageable
Toronto, Ontario--(Newsfile Corp. - January 15, 2020) - Two Hands Corporation (OTC Pink: TWOH), a leading custom application development company, focused on creating a complete co-parenting solution, delivering tools that allow co-parents to better collaborate about parental responsibilities, in a clear and positive way expects to release its IOS and Android Native Application in the next few days.
CEO of Two Hands, Nadav Elituv commented, "Our application is under review and final testing is under way. We believe version 2.0 will meet the requirements of co-parenting. This is a significant milestone for us, once launched on the Apple App store and Google Play store we will be able to provide greater access to our users."
Mr. Elituv continued, "with an aggressive growth strategy and the loyal following of our brand we are building an amazing application that will help co-parents around the world."
Read the full article here.
More About Two Hands Corporation (OTC: TWOH)
From the TWOH website:
Two Hands Corp Lab
Two Hands Corp Lab is an organic hemp based CB cultivator located in Colombia. We are vertically integrated, producing from seed to wholesaler. We will create the highest quality CB extract derivatives to exported and purchased.
Two Hands Co-parenting App
Two Hands Co-parenting App is the product of years of searching for the ideal solution that will reduce the stress and worries of co-parenting. This application fulfills our mission and vision that focuses on organization and communication to improve family relationships despite a divorce.
Two Hands Gone
Two Hands Gone allows you to send encrypted text messages right from your phone, combining military-grade security, confidentiality, and privacy – with the utmost convenience, right at your fingertips.