Some say charts in "pennyland" are worthless. Some say they are good no matter the "status" of the symbol that is being followed.
I try to digest all that is presented to me and come to some viable conclusion. Sometimes "momo" works. Sometimes it isn't worth a bucket full of piss.
CMGO has been a very viable investment for me. Will it continue to be so? I don't really know? Set your stops and move them up if the circumstance's allow it.