Wee-Cig International Corp (OTCMKTS:WCIG) Stock Attempts To Rebound After The Recent Slump
Wee-Cig International Corp (OTCMKTS:WCIG) stock saw a bit of come back in the previous trading session after the recent slump. The stock has lost 70% over the past month.
Market Action
In the previous trading session, WCIG stock jumped 2% to $0.1228. A total of 14k shares traded for the session hands, compared to its average volume of 123k shares. The stock opened at $0.1295 and moved in a range of $0.1173 – 0.1295.
Recent News
Wee Cig International : EZ NFT Partners With Artist, Innovator Roni Stretch to Introduce World’s First Carbon Negative, Air Purifying Paintings
Wee-Cig International announced that its controlled subsidiary dba, “EZ365”, has entered a partnership with artist Roni Stretch to bring his highly innovative carbon-negative, air purifying paintings to market. The pieces will be developed in collaboration with the company’s EZ NFT division, which provides diverse opportunities to invest in the NFT space.
Through the partnership, EZ NFT will auction a very limited series of Stretch’s iconic physical paintings and the one-of-a-kind NFTs inspired by them. The timing of this exciting event will be confirmed in the coming weeks.
Los-Angeles based Stretch has contributed extensively to the American art scene for 25 years. His work has been shown at leading art museums in California and New York and is held in numerous public and private collections worldwide. His highly individual style leverages contradictions; photorealism and abstraction, light and dark, reality and altered states, smooth and rough textures, to deliver an emotional experience. His one-of-a-kind dichromatic painting process involves layering photorealistic under-paintings with numerous layers of paint applied over a multi-week process.
Key Quote:
“I am excited to collaborate with EZ NFT to bring my works and the world’s first patented paint technology to a new audience of collectors,” said Stretch. “Bridging the physical and digital art worlds with air purifying, physical paintings, this collection will include my first-ever NFT pieces, with a unique NFT accompanying every painting sold.”
Trader Notes:
From the technical point of view, WCIG stock looks bearish with the stock trading below its 50-day and 20-Day SMA stand at $0.16 and $0.15 respectively. RSI stood at 42 – signals neutral trend.
