lowtrade

[lowtrade]

Welcome to the board

XAIN

1st would like to comment about the volume!

Way too low. The stock is not liquid and it will be hard to get in & out quick with a large enough amount of stock, to make good money.

There is a rule of thumb I use in pennyland.

The AVERAGE daily voulme should be at least 1 mill, want 5 mill for pennies. 10 mil and want 50 with sub penny and 100 mill want 500 mill for micro penny.

Don't get me wrong, runs will happen and gains can be had. But in order to make large amounts of cash, you need to own large amounts of shares. And stocks with low liquidity keep quick entry & exit from happening.

You'll find the smaller the stock price, the quicker the price will change. This can cause your orders to be passed by and you end up holding stock you wanted sold.

I'd trade the 5,10,20 day SMA for this one. Enter when 5 & 10 both cross the 20 up.

Here's your chart eval.