Rooshine Inc (OTCMKTS:RSAU) Stock Gains Momentum: Jumps 13% In a Week

If you are currently looking into stocks which have made significant gains over the past week then it might be difficult to not notice the action in the Rooshine Inc (OTCMKTS:RSAU) stock.

Market Stats

On Thursday, RSAU stock ended flat at $1.20 with more than 520 shares, compared to its average volume of 422 shares. The stock has moved within a range of $1.1999 – 1.2000 after opening trading at $1.1999.  

Recent News

Over the course of the past week, the stock has managed to attract significant attention from investors and managed to clock gains of as much as 13%. In light of such gains, it may be a good time for investors to take a closer look at the announcement made by the company yesterday. Rooshine, which is seller, distributor and importer of top of the range alcoholic spirits, announced yesterday that it had been recognised at one of the more important spirit competitions.

The company received accolades for some of its spirits at the Women’s Wine and Spirits Awards 2022, which judged by women and is regarded as the most important spirits competition in the world in its category. The company managed to bag two gold prizes for two of its spirits and a silver for another one. As women become a key demographic for the spirits industry, the recognition received by Rooshine at the Women’s Wine and Spirits Awards was an important development for the company.

Traders Corner

RSAU stock has a pivot point at $1.20. Key supports for the stock are 1.1998, 1.1999, 1.1999 and resistances are 1.2000, 1.2001, 1.2001. Moreover, RSI stands at 22.