Point #1: The percentage difference of buying a stock at .01 (or lower) than at say .015 or .0175 is very significant. It could mean an additional million shares for me. Again, I have technical reasons for thinking this will happen but it is NOT a prediction. I don’t do predictions.
Point #2: I don’t fixate on just one or two stocks to trade. I trade from a group of about 50 or 60 that I have some comfort with and they are all well over $5. I don’t day trade penny stocks and that includes NEOM. When I got out at just under .40 cents in 2006 that was for capital preservation. Who want’s to lose a profit?
Point #3: The stockcharts.com charts I use suit me just fine. The only reason I added the extra capability was to be able to post annotated charts on the NEOM board. When I left the board that was no longer needed so why spend money if you don’t need it? I am not hurting for money and my charts have served me very well for a long time;)
Your final thought: I am not predicting a breakout I am only preparing to position myself for the lowest risk position I can possibly take.
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