Thursday, July 15, 2010 11:17:00 PM
30 million shares traded @ less than .0001, thus the volume bar is colored red.
DMI: ADX is still high (above 80). DI+ is coming down. DI- is going up. I know this is a penny trade, so technical analysis is a little bit looney, but if the DI- peaks and the DI+ and ADX flatline, I would almost bet that this stock will jump high enough on the DMI crossover for the smart to break even or profit before the volume goes back to nil. :)
Accumulation and Distribution: Went from a flat slope to a positive slope...that's a good thing compared to FFGO who's had tons of volume lately but their Accum/Distr was tanking (FFGO's case doesn't usually lead to a positive increase in price...but like all .XXXX pennys..we never know).
After HGLC croaks or allows me to break even or with a profit, I'll be taking a different path than pennys...my days of speculation are numbered. :)
GL all HGLC stock holders.
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