These days, the price chart and the performance of Smart-Tek Solutions Inc (OTC:STTN) stock deserve to enter the trading manuals.
The rarely met two Dojis, reflecting investor uncertainty, were suddenly followed by the buyers’ Hammer. All this was possible only thanks to stock alerts and a press release about a new client of the STTN’s subsidiary.
When Doji appears, technicians say that the stock opens up and goes nowhere throughout the day, presenting investor indecision and putting the current trend under question.
On Friday, the bullish hammer, expressing the prevail of buyers, charted smartly the change by the power of stock alerts. These stock alerts finally helped investors to take the decision about an upward direction of STTN stock.
These smart techniques of stock promotions were utilized by the company earlier this year in order to attract investors and to throw down their uncertainty towards the rapidly achieved upward stock direction.
As the chart here shows, this was the case this spring. Then, traded under $1 STTN stock being on a stock promotion, surged quickly and then quickly declined.
As of today, there is no officially disclosed information about ongoing stock promotions, but stock alerts without disclosures were received by a lot of investors.[BANNER]
For the first quarter of this year, the subsidiary of STTN Smart-Tek Automated reported the total number of 38 clients for staffing and payroll services. This Friday, the number increased by one, as stated in the company’s press release.
Seems that if not alerts, the company’s information related to STTN subsidiary was not able to chart the above hammer. Following the spring scenario, maybe after a few days of surging, a rapid STTN stock pull back can be expected.
During the last for the week session, STTN shares rose 3.98% in a volume exceeding five times the average traded.
