MATRIX Penny Stocks

[skatchmo]

That's a close definition, let me see if I can put my twist on it to make it a little more clear. If you have a stock which in a day runs say, from 1.00 to 2.00, your fifty percent rule the next day would be at 1.5. It would have lost fifty percent of that run, it finds support around there, and regroups. If it went from 1.00 to 1.6, for example, your fifty percent rule would be at 1.3. just add half the differance to the opening price. the differance was .6, half of that would be .3, you add that to 1.0, and there you have your fifty percent line, 1.3