24/7 Market News Snapshot 20 May, 2024 – Tantech Holdings (NASDAQ: TANH)

May 20, 2024 11:01

DENVER, Colo., 20 May, 2024 (247marketnews.com)- Tantech Holdings (NASDAQ:TANH) has shown significant price movement today, opening at $0.95 and currently trading at $1.221 with a change percent of 84.985% since the previous session close price of $0.66. The current trading volume stands at 49.5 million shares, indicating heightened investor interest. From a technical analysis perspective, the substantial price increase combined with high trading volume suggests strong bullish momentum in the stock. Traders may consider this as a signal of potential further price appreciation in the short term. However, caution is advised as rapid price fluctuations could lead to increased volatility.

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