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Replies to post #5965 on lowtrade

Replies to #5965 on lowtrade
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lowtrade

04/10/07 1:48 PM

#5971 RE: 1stepahead1 #5965

1step
HMGP

http://stockcharts.com/h-sc/ui?s=HMGP&p=D&yr=0&mn=3&dy=0&id=p90633317065

This penny has also reached it's 3 leg 3 month top, but NO double top reversal to bring it down fast!

IMO the pattern play calls for exit with any small pop! Looks like one ready to happen any day. If you can get 25% out of it, I'd take it and run!

If no 25% just take what you can get & leave. Because you should expect to see a normal M&M 9 month walkdown play, with pops along the way, to hold long & strongs interest, as they bleed the last penny out of the retail herd, adding on to average down, over the next months!