Tuesday, October 22, 2013 2:51:40 PM
Note- I am setting on free shares because I bought at .07 and sold 1/2 at about .155 .20 seems to be a psychological area in the penny stocks. Rare to see them truck right on thru .20 and continue meaningfully higher without a pull back. AND THEY CAN PULL BACK HARD. It's a risk to buy even at .136 so best bet is to wait untill the price gets into this zone, and not buy untill the breakout direction is confirmed. In other words, wait untill the price breaks back above .142 before re entering. And the same with the next level down if it gets there.
1st demand area .136 to .142
A close below .136 will wipe this zone out. And next MY target would be the .094 to .106 area. And if it gets taken out, then I will buy at .08 - .086
next " " .094 to .106
Next " " .08 to .086
All just my opinion, but I intend to play it this way. If I get more shares, fine, if not, it's ok to.
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