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IPRE-Paramount

09/16/07 10:29 AM

#2229 RE: saigai #2227

PDGT: chart here, nothing wrong .

the trend line 'blue' and line 'orange' are drawing the trend in short term. Good so far.

all other tech indicators are so so : neutral to positive .
And the William R% you can see : not overbougt: for reminder overbought when it is ranged from -20 to 0.




In summary : my view : lightly positive here. it should go higher .

And you already understand the retail investors psychology here with this penny/pinky stock : this is one of the well followed stocks by them , they are willing to see higher price , they are ready to react positively with news or anticipation of news.
So surf with the wave , the crowd still going in the right direction.

(BTW the best terrific rally is when William stays ovebought for a few weeks in range -20 to 0. but wil talk about this at due time only...)


Also : last : better hit 2 doubler stocks in a row than hope for one stock that hit +500% ! you see what i mean : $1.000 in A + 100% = 2.000 then play next stock: put 2000 in B + 100% = 4.000 !
that is what i'm looking for ;) .