Too much noise – What noise or info! BTCS Inc. Stock

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Our scanner brought this stock up on Friday and we looked at: Stock was a buy due to:

  • The stock chart incl. 5 day performance
  • News! To see what was driving the stock. (no major news)
  • Sec Filings! Any insider or important filings. (no major filings)
  • Volume History! 
DateOpenHighLowClose 
 
Adj Close 
 
Volume
Jan 17, 20252.90004.14002.82003.57003.57007,894,900
Jan 16, 20252.84002.84002.65002.68002.6800216,100
Jan 15, 20252.48002.83502.47002.78002.7800461,900
Jan 14, 20252.40002.53002.40002.48002.4800153,100
Jan 13, 20252.50002.51002.35002.37002.3700152,600
Jan 10, 20252.56002.57502.43002.54002.5400258,300
Jan 8, 20252.57002.57002.37002.49002.4900263,700
Jan 7, 20252.80002.80002.56002.57002.5700225,800
Jan 6, 20252.86002.86002.71002.77002.7700334,300
Jan 3, 20252.64002.75502.57002.74002.7400309,400
Jan 2, 20252.54002.63002.41002.62002.6200269,100
Dec 31, 20242.54002.69002.39002.47002.4700464,200
Dec 30, 20242.48002.58

The stock was a buy based on the information we had. The 5 day performance even without any news made this stock a buy. The volume was relatively low. The risk level was low due to the conditions and to the fact that setting (stop-loss) or other limits based on the chart development would have been very low. 

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