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Re: lakers17 post# 214594

Friday, 12/22/2023 8:26:25 AM

Friday, December 22, 2023 8:26:25 AM

Post# of 217041
You can drop that now. We've seen it every day for months. Most of us know you can't tell where a penny stock is going by looking at where it has been. What goes up goes back down. What goes down comes back up. Your job is to buy low and sell high. Charts can't help you spot those, because any trend will naturally end, in the most volatile stocks there are.
A straight line, under which you would buy, and above which you would sell would work better. I own stocks with both buy and sell orders, good for 60 days, that do just that. I simply set my limits as needed for a minimum of 50% gain and wait. And when it happens, I simply repeat it.