Replies to post #3462 on China Teletech Holding Inc (CNCT)

[mannken]

yes, you are correct

as a day trader, I would want to play the the bollie break out, but I play weekly and monthly setups, and mostly $1-$10 stocks.

Now I do concede that charting penny stocks can be a fools game in most cases, though I'm here for the reverse merger, valuation and if it rides the upper bollie after some consolidation, great for longs. If not, great for shorts.