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I dont usually trade penny stocks- but when a stock crashes 80% in one day that is over reaction. The volume is insane on this stock=20M for an average of 640k. WHile the profit for the short sellers was 80%, we going long are now offered a chance to make 40, 200 or even 1700%. see graph.
Stock is way out of the Bollinger bands showing that the stock is oversold. I have included the target price, 200 day moving average and the resistance line on the chart. worth the look.
Stock is way out of the Bollinger bands showing that the stock is oversold. I have included the target price, 200 day moving average and the resistance line on the chart. worth the look.
評論:
When this gapped down in the morning- RSI was 4! yes 4! thats crazy. its up to 27. IF you dont know about RSI-above 70 is overbought and below 30 is oversold.
@Murray14, Well I cannot put in order on the weekend. But at that price, IF it just recovers so easy to double investment.
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@Dudleydogg, you are correct- at the time i posted the chart-price was 0.38. however it is now at 0.41 after hours. Also, it is heavily volatile and went as high as 0.59 for the day. it would be really easy to double an investment. If you look at GALT, it recently had an extreme gap down and filled it in days. ALso I think AGRX gapped filled in a few days.
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@Brotank77, I cannot do after hours trading with my Broker or I would have entered this market for a bit.
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@Brotank77, I appreciate it there is much research to know what stock you want to buy or not. I bought AMPE for .51 cents, cashed out at $4.36 Cents, was a great one. so this low cost Pharma Stocks can pay off.
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