Careview Communications Inc. (OTC:CRVW) saw its share value explode in the last couple of days.
The bullish period started at the end of December when the trading volume bulged up.
Prior to this, the stock had been moving in a clearly established trading range between $1.4 and $1.5.
On Dec. 30, CRVW scored a 9% jump for the day by which it broke the resistance at $1.5. Subsequently, the stock continued to rise and eventually reached $1.76 per share.
The last session was marked by a 3.53% increase in the share price and a traded volume of 34 thousand shares, which is below the daily average.
The break out is seemingly speculative in nature as it happened without any news or reports going out.