How Do Most Parabolic Stocks End
Ever wondered if the stock that was up 20-30% today would keep surging in the following days ? 9 out 10 times those stocks make for an excellent short once the buying interest/volume starts fading. Very few traders want to buy this on dips after its up 50-100% in few days. The momentum is over [...]
Penny Stocks Not Random After All – Charts Tell The Story
BEE – Beautiful chart. Up from 1$ to breakout at 1.60$ to 3$ to crack back to 2.20 with 14% drop today. BSDM – Huge spike from 2$ to 4.77$. Then nice selloff to 3.36$. 10% drop day. Perfect short selling chart. CBAK – Up on huge volume. Followed by 8% selloff on huge volume. [...]
8 Potential Trades: Beazer, Gray Television Inc…
BZH – Beazer Homes has recently broken out of its 4.50$ resistance to spike up to 6.00$. Housing market has not completely reversed and home sales and prices are not rising. However there is overall optimism about the economy which is pulling this up. Can 6.00$ be a good resistance ? Watching… CABL is up [...]