Replies to post #21517 on MATRIX Penny Stocks

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Hi cats,


Thank you for your response. Gonna have to do something different if I am going to keep trading the pennies.

About HRCT. I own a little of this, but I do not want to add any until I see some strength. It is consolidating loosely in a range between .55 and .61. It has a reverse rainbow, the RSI is staying below 50, and the volume is not much, and what there is seems to be on the sell side. If it breaks below .55, I will probably sell my little position.

All that said, I will keep it on my watch list because it is actually a fairly decent company (really a company that invests in other companies, as I recall), and as the price approaches the 200 dma, it could bounce to the upside. It is also a "China" play.

Just my opinion,
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