Trailblazer Resources Inc. (OTO:ENCC) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 25, gaining 24.11% to close the day at $0.0175 after opening the trading day at $0.0134. Today’s rise came with about 778,230 shares changing hands, compared to an average of 30-day volume of 252,745 for Trailblazer Resources Inc.. Shares moved as high at $0.0188 and as low as $0.0083 in today’s action.
The share appreciation gives the company a market capitalization of $943,410 based upon 66.91 million shares outstanding.
In the past 52 weeks, shares of Trailblazer Resources Inc. have traded as low as $0.0045 and as high as $0.054. Technical traders will take note that at $0.0175, shares of ENCC are trading above their 50-day moving average (MA) at $0.013 and below their 200-day MA at $0.025. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.
Who is ENCC?
Encompass Compliance Corp is engaged in providing workplace drug, alcohol & marijuana compliance services. It provides organizations with policies, procedures and training for supervisors and employees to manage their programs. The company is led by its CEO from its headquarters in Cornelius, NC.
For more information on ENCC and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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