Will The Rally Continue? Eco Depot Inc (OTCMKTS:ECDP) Up Big In Early Session

Eco Depot Inc (OTCMKTS:ECDP) continues to gain momentum on Monday, extending its weekly gains to about 34%. The stock has seen gradual rise since early May and up 150% since then.

Major Trigger:

Last Week – Eco Depot Market Update on Bronya Climate Shield’s Commercialization to Achieve Social Development Goals.

Key Highlights:

  • Updates shareholders and market stakeholders of recent activities and their impact on the company. This Q2 2021 market update is communicated in the spirit of transparency and gratitude to Eco Depot, Inc. stakeholders.
  • The Company is pleased to announce in the second quarter of 2021, Bronya Canada Group has prepared the groundwork for and the launch of its Bronya Climate Shield products on a global scale.
  • The Company’s wholly owned subsidiary Bronya Canada Group, Inc. as previously announced has presented its product as a global solution in the battle on climate change with the presentation of it’s Bronya Climate Shield Thermal Paint coating at the United Nations World Tourism Organization, (FITUR )Conference in Madrid, Spain on May 20 th, 2021.
  • As a result of the UNWTO FITUR Conference in Madrid Spain, Bronya Climate Shield was invited to demonstrate its Bronya Climate Shield Thermal Paint Coating to the Advisory Council of the Federation of Latin American Cities, Municipal Associations (FLACMA) office in Madrid on May 21st, 2021.
  • The Latin American Federation of Cities, Municipalities and Municipal Associations (FLACMA) is a proactive organization of free adherence representing the 16,132 municipalities, cities and local government associations, networks, and unions municipalities of Latin America and the Caribbean.

Market Reaction: Stock Extends Rally

As of 12:51, ECDP stock moved up by 10.64% to $2.57 with more than 228K shares traded hands, compared to its average volume of 71K shares. The stock has moved within a range of $2.3935 – 2.8000 after opening the trade at $2.41.