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fast.money

03/16/12 10:11 AM

#144 RE: innercircletraders #143

$LIMO ~ Penny Stock Trade Idea by PennyTrader 3/15/2012



Li-ion Motors Corp
(OTCBB: LIMO)


http://www.pennytrader.com/Newsletter/LIMO_0311512.htm

Company Chart

Here's what we are seeing with LIMO's chart...


• The stock has been trading above the 13 day moving averge for the past several days and has just crossed the 50 day moving average.
• The MACD is trending higher and just recently crossed above the zero line suggesting a bullish move.
• Over the past couple of weeks the LIMO has started to recover from its major downward trend, but, it is still trading at nearly half its value set from its December high
• We see growing interest in the stock which is suggested by the recent increase in volume as the stock has moved higher.