Analyzing The Price Action In Net Element Stock Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Net Element's Stock Price And Volume Action

Net Element's (NASDAQ:NETE) stock has been rising Monday, up 30.93% to a price of $10.7. The stock's current volume for the day is 507.83 thousand, which is approximately 72.17% of its previous 30-day average volume of 703.63 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Net Element shares are trading higher after Mullen Technologies announced a strategic partnership with NexTech Batteries as an EV battery supplier and key partner for battery development and technologies. NOTE: Mullen and Net Element previously announced a definitive agreement to merge.

Perspective On Recent Price Action

The 50-day moving average price of Net Element's stock was $13.08 when this article was published. The stock reached a high of $20.08 and a low of $1.47 in the past 52 weeks.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: MoversTrading IdeasBZI-WIIM