ricky- PWER needs
to clear that 200 MA on a closing basis, otherwise the next
resistance area and target would be about $5, note this resistance
level was already on the chart via the horizontal line.
also make sure to play larger priced stocks too, don't only play
these low priced stocks, we find that too many guys only play our
low priced ideas 1 - 5, and yes they can have huge percentage moves
but they are also a lot more volatile, however you also want
diversification, so make sure to also play our higher priced ideas
20 range, 50 range, 100, range etc
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
pwer going up
Posted by ricky on 4th of Jan 2013 at 11:34 am
pwer going up...what would be next resistance
ricky- PWER needs to clear that
Posted by matt on 4th of Jan 2013 at 12:30 pm
ricky- PWER needs to clear that 200 MA on a closing basis, otherwise the next resistance area and target would be about $5, note this resistance level was already on the chart via the horizontal line.
also make sure to play larger priced stocks too, don't only play these low priced stocks, we find that too many guys only play our low priced ideas 1 - 5, and yes they can have huge percentage moves but they are also a lot more volatile, however you also want diversification, so make sure to also play our higher priced ideas 20 range, 50 range, 100, range etc