Friday, November 21, 2014 5:46:25 PM
For those who don't subscrible, once linked hit the subject line twice: http://stockcharts.com/c-sc/sc?s=PMEA&p=d&b=2&g=3&id=p17970548896
MACD is up along with Accumulation/Distribution. With the majority of penny stock trading symbols you rarely get a good combination, a solid and truthful combination like this. One is usually up, the other is down.
Not look at historical and remember we are dealing with manipulated penny stocks.
http://www.nasdaq.com/symbol/pmea/historical
What usually happens after a run? It idle's out or drops, then seldom will it run again unless there is more.
First, count the last 5 trading days 'total'?
Then notice 5 days of heavy trading
Then notice even after a drop to .0021 it closes at .0034
Then notice sets of high volume days in the past 3 months? None
Then go back over a year and notice sets of high volume days? None
What your seeing here are signs of significant change, little to no manipulation from MM's/Promoters/Others...
Now, I don't know anything else about PMEA in regards to FINS, NEWs, etc.
Only what I see...
So the thing is this doesn't look like the usual penny-stock run, then fall apart thingy... lol
If early next week it closes above .0034 again, then higher during the week, even a better scenario this is not being day traded, and more to follow.
DD<
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