Replies to post #12503 on Hong Yuan Holding Group (HGYN)

[Shaka_Zulu]

my thing is...while its reading 38.14 on the daily chart, the weekly looks even more amazing, but choosing what chart to execute my sell is a tough one here. Sure i want to reap maximum profits, but I feel caught cause the share price stage is somewhat in between.... could go either way, will have to follow it in realtime to make the decision.

[OceanEagle1]

Unique experience ... That's an understatement ;-) Check out this chart video

http://www.bullwarriorstocks.com/index.php/post/cerp-penny-stock-trading-chart-2-6-2013

We have had the chance to learn a lot from this stock, and I agree the experience has been one for the record books. I overlayed the CERP and AMB$ charts this morning and waLa ... its almost identical.

The chart video will show my .07 target as a resistant point, but I can almost guarantee we could see a huge retracement before a break above .08 This would also damn near make the perfect cup & handle on the 50 day chart. Any retracement, pullback or dip will only help us though imo. If this chart continues to move like AMB$ there will soon be another great entry to accumulate, if that's anyones strategy.

I might add that we could have 1 more day of climbing (Today) and see .09 EOD but you can bet your boots, traders will be taking profits off the table all day long, yet new buyers should keep us moving up. It's going to be fun to watch!
--Ocean--