Iqstel (IQST) Doubles in a Week: What Next?

Investors who are looking for stocks that they could track in the new trading week could consider taking a look at the Iqstel Inc (OTC: IQST) stock which performed impressively last week.

This past week, the stock rallied by as much as 100%, thereby going past the high that it had hit in the previous week and it seems that it is entering a new breakout phase.

The Iqstel displayed back in March last year that it has the capability of breaking strongly and hence, it has emerged as one of the stock to watch this week. The rally in the stock last week was triggered by not only robust trading volumes but also significant accumulation from investors.

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The company has managed to record steady growth and over the last two months, the revenues have also gone past $5 million each time. It appears that Iqstel is on track to go past Iqstel’s own revenue projections of $42 million for the 2020 financial year.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life