Sunday, August 08, 2010 9:41:23 PM
What you don’t see in this chart is the insane rally this had in Nov and Dec of last year. This ran from the very low .00Xs all the way up to the nickel range, and unlike most penny stocks that have similar runs, this one actually has held a respectable amount of those gains. This may or may not be bottoming from that rally’s extended pullback, but a break past the red line on this chart would have me convinced that bulls are going to come out to try and continue last year’s run. I’ll put the trigger at .017.
http://flippingpennystocks.com/?p=551
http://flippingpennystocks.com/?p=551
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
