As you can see, in recent months TWOH has been gaining momentum and is in the midst of a vertical move that could just be getting started.
As of close on 2/25, TWOH was trading above both its 13-Day Exponential Moving Average and its 50-Day Simple Moving Average.
Just above its closing valuation is TWOH's 200-Day Simple Moving Average.
If potential resistance breaks down at that level in the short term, TWOH could try to challenge the $.01 level sooner rather than later.
On top of that, Barchart was reporting several triggered technical indicators for TWOH. They are:
Short Term Indicators
- 20 Day Moving Average
- 20 - 50 Day MACD Oscillator
- 20 - 100 Day MACD Oscillator
Medium Term Indicators
- 50 Day Moving Average
- 50 - 100 Day MACD Oscillator
Long Term Indicators
- 100 Day Moving Average
- 150 Day Moving Average
Between these triggered technicals and TWOH trading above potentially strong support, you'll need to watch this profile closely.
No. 2 TWOH Potential Driver Indicator - Partnership with Ryerson Student Union
Let's look in the rearview mirror for a moment.
In two weeks from February 3rd's low of $.0033, TWOH rocketed to a month high of $.0097 for an approximate 2 week run of 193%.
From a December 3rd, 2020 low of $.0016 to a high of $.0087 on December 14th, TWOH blazed a path of 443% in no time at all.
What about intraday moves? Look no further then last August...
During the dog days of summer, TWOH opened up on August 26th at $.0032 and raced all the way to a day high of $.013.
That move resulted in a run of 306% intraday. Pretty special.
When you factor in TWOH's 52-week high of $.118, there could be 4-digit upside potential from current levels...
No. 3 TWOH Potential Driver Indicator - Partnership with Ryerson Student Union
Gocart.city Announces Partnership with Ryerson Student Union and Expresscart to Deliver Groceries to Students
Toronto, Ontario--(Newsfile Corp. - February 12, 2021) - Two Hands Corporation, (OTC Pink: TWOH) Gocart.city division, announced today the commencement of its partnership with The Good Food Centre at Ryerson Student's Union (RSU) and grocery delivery app, Expresscart, which will help supply groceries to Ryerson students over the upcoming semesters.
Through this program, Ryerson students residing in the Greater Toronto Area (GTA) will be able to receive a $25 credit on their grocery purchases when using the Expresscart delivery app. In support of this initiative, Gocart.city will exclusively support the partnership through its grocery marketplace and delivery services, providing low-income student households access to a full range of grocery necessities.
"During these difficult times for families and students we believe it is important to create new partnerships with key demographics most impacted by CV-19," Nadia Bashir, Director of Marketing at Gocart.city states. "We are extremely delighted to be able to deliver our full range of groceries to those facing food insecurity right to campus or off-campus Ryerson students within the GTA."
"When RSU approached us with the initiative, we realized we needed a reliable supply chain partner in order to accomplish the initiative," Sultan Moni, CEO of expresscart states. "Gocart.city has shown keen interest in the initiative from day one and has been working tirelessly with our team to ensure the success of this initiative."
Students are able to place their orders bi-weekly between Sunday and Wednesday through the Expresscart app. On a monthly basis, this initiative helps deliver food to over 500 students.
Read the full article here.
No. 4 TWOH Potential Driver Indicator - Expansion Of Delivery Boundaries
Toronto-Based Online Grocery Market, Gocart.city, Expands Delivery Regions Beyond the Greater Toronto Area
Toronto, Ontario--(Newsfile Corp. - January 27, 2021) - Two Hands Corporation, (OTC Pink: TWOH) Gocart.city division announced the expansion of delivery boundaries serving regions beyond the Greater Toronto Area (GTA). The expanded delivery boundaries will serve all areas North, East, and further West of the GTA including the existing Toronto and Toronto West regions.
"Over the past 25 years, our team has cultivated strategic partnerships with suppliers that have been active participants in the food industry," Ms. Bashir says. "Through these partners, members of our team have supplied food all over the city, from hospital to education; events and restaurants."
Read the full article here.
Coverage is officially initiated on TWOH. Also, when you have a second, do this: