SunHydrogen (HYSR) Stock Continues to Move Higher: What Next?

Investors who have just started their trading day are probably looking into stocks that recorded strong gains yesterday and one of the stocks that could be worth tracking is the SunHydrogen Inc (OTCMKTS:HYSR) stock.

The company, which is best known for having developed technology for generating renewable hydrogen from water and sunlight, provided an update with regards to the progress is it has made in scaling up its nanoparticle hydrogen generation technology.

The update provided by SunHydrogen proved to be a major boost for its stock and it ended up recording gains of as much as 23%. The company announced that although it faced considerable challenges in relation to the supply chain related to equipment and material, it has managed to make meaningful progress. That is a major development since it SunHydrogen can actually scale up the technology then it could be a massive boost to its overall business. It remains to be seen if the stock can continue to add to its gains today.