Wednesday, January 20, 2016 5:58:05 PM
Here's a late heads up in pennyland. I like this company and use to play it back in 2014. Not a scam and it has a good reasons for a come back start now.
Sorry I didn't mention it last week, when I put it on strong watch. I've already planned the trade and am trading the single bottom bounce play plan. Up 25% +/- in 2 trades. 1st to 2nd & 2nd to 3rd resistances. There is still a possibility for 2 or 3 more.
The strange think is it has had large volume support the past 2 days, but have high spike candles. A conflict indicating a savvy retail; day trading and taking profits. This is IMO a plus for more to come. Also runs usually run 3 to 5 days. But with todays real high candle spike if tomorrow shows red, exhaustion was reached already and walk away. We don't like high candle spikes, but we do like large support volumes.
This should be day traded, so play at your own risk! I have my next buy in @ .105 3rd resistance break/ out @ 11.5. If it does continue I'd expect the 5th line passed to fill the gap target @ 13 not 12.25. On the leg up after the one coming up.
In case you don't understand the bottom bounce play :
Sorry I didn't mention it last week, when I put it on strong watch. I've already planned the trade and am trading the single bottom bounce play plan. Up 25% +/- in 2 trades. 1st to 2nd & 2nd to 3rd resistances. There is still a possibility for 2 or 3 more.
The strange think is it has had large volume support the past 2 days, but have high spike candles. A conflict indicating a savvy retail; day trading and taking profits. This is IMO a plus for more to come. Also runs usually run 3 to 5 days. But with todays real high candle spike if tomorrow shows red, exhaustion was reached already and walk away. We don't like high candle spikes, but we do like large support volumes.
This should be day traded, so play at your own risk! I have my next buy in @ .105 3rd resistance break/ out @ 11.5. If it does continue I'd expect the 5th line passed to fill the gap target @ 13 not 12.25. On the leg up after the one coming up.
In case you don't understand the bottom bounce play :
Welcome to my mind!
Success to all
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