well, you see the problem is penny stocks always trade on "are going to be"...they trade on potnetial and momentum down here...
that is the point of being in penny stocks...
now i like charts for my own purpose but they are only lagging indicators...they can not PREDICT as much as you would like us to believe...so by the time your indicators catch up you could very well be left behind..nature of the beast
if people wanted to trade on earnings they sure wouldnt be in penny stocks...
Determination... The feeling you get right before you try to do something incredibly stupid!!
Everything stated above is my opinion only! Do not buy or sell based on my opinion!