Aquastar Holdings, Inc.(NDA) (PINK:RPPR) has been heating up since the start of the week. On Monday the stock started with a heavy volume accumulation and a price surge of 55%. Throughout the week the stock continued to rise and accumulate higher than the average volume. 
The hectic trading week was provoked by a lavish promotion by Hot Shot Stocks which started a campaign for $65 thousand on Monday. The party which had paid for the campaign was not revealed, though. The same day was the most active one for RPPR. Then, the company reached a volume of 115 million shares.
With the help of the promotion, RPPR managed to break the resistance of the 50-MA, which gave stimulus to the buyers to take rule over the trade. Since that moment, the stock pushed even further up the chart and reached $0.0022 yesterday. [BANNER]
The MACD indicator made a bullish cross shortly before the promotion, whereas the average true range indicator, being at its lowest level, also supported the surge. However, RSI index showed that RPPR had entered the overbought area, which could entail a possible correction.
According to OTC Markets, the public float of the company is 99 million shares. The recently generated volumes are very close to this number and even went over it on the promotional day. This is also a factor that exerts an upward pressure on the stock.
It is not certain what will happen with the stock after the promotional effect wears off though. The company will have to rely on more ostensible results, like improved financial reports, in order to keep the achieved stock value.
