Thursday, January 26, 2012 12:06:08 AM
Bullish daily chart setups: RBTI,CMGO,EVPH,
I just discovered this board today and wanted to share some charts that are in play right now in the penny stock world.
RBTI - Bullish consolidation on the daily chart. Entry at .0025, stop at a daily close below .002. Target of previous near term high at 1.5 cents.
CMGO - Bullish consolidation, cashflow positive company at 2009 low. Entry anywhere below .007 stop out at a daily close below .004. Upside target is 2 cents on the daily.
EVPH - Bull flag consolidation above 50 DMA. Entry at .004 or 50 DMA, exit at a close below the 50 DMA. Target is a penny.
I just discovered this board today and wanted to share some charts that are in play right now in the penny stock world.
RBTI - Bullish consolidation on the daily chart. Entry at .0025, stop at a daily close below .002. Target of previous near term high at 1.5 cents.
CMGO - Bullish consolidation, cashflow positive company at 2009 low. Entry anywhere below .007 stop out at a daily close below .004. Upside target is 2 cents on the daily.
EVPH - Bull flag consolidation above 50 DMA. Entry at .004 or 50 DMA, exit at a close below the 50 DMA. Target is a penny.
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