Replies to post #8162 on lowtrade

[lowtrade]

ktran11

May I suggest not using a chart over 6 months with OTC stocks!

Penny/sub & micro players & company stories, just don't last longer.

Trying to compare what retail thought about a PR stoy a year ago, in pennyland, is usless information. IMO New players & new story!!

Stick to a 3 month chart look, & 6 month, only if the stock has been running for months! Becasue if it's been running for months, they probably have the same story & retail following.

[lowtrade]

ktran11
PNMS
http://stockcharts.com/h-sc/ui?s=pnms&p=D&yr=0&mn=3&dy=0&id=p90633317065

Didn't really answer your question either. LOL Must be in a preach the norm's mood. Not stick to the facts mood!

PS; Don't see .001 as a bottom yet. Indicators still more negative, then positive.

But you do have a bounce target at the .002 gap fill, June 10th, if the bounch comes!

If you play gaps, it's not a bad trade, but you may be able to get in lower, and any bounce may be a while away! I personally would wait for the turn. And at least one, probably 2 resistance points broken. Should see a DMI change cross, early enter signal, by then.