Pennystocks
Pelangio Exploration - H4Pelangio acquires and explores prospective land packages located in world-class gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two 100% owned camp-sized properties: the 100 km2 Manfo property, the site of eight near-surface gold discoveries, and the 284 km2 Obuasi property, located 4 km on strike and adjacent to AngloGold Ashanti's prolific high-grade Obuasi Mine, as well as the newly optioned Dankran property located adjacent to its Obuasi property. In Canada, the Company is currently focused in Ontario at its Dome West property, situated some 800 meters from the Dome Mine in Timmins; at its Gowan polymetallic project, located 16 km east of the Kidd Creek Mine, and is exploring its Hailstone property in Saskatchewan.
$WTRH Looks tender for another leg up!Looks like we had one heck of a strong close on Friday WTRH managed to hang in there with the volume after a red day...
Interesting price action; The approach I am taking is the $1.57 break. As soon as we break I will look for 1-2 candlestick confirmations and take an entry
$APRE next small cap pop!!!! From a technical standpoint we are looking pretty strong as we closed about the 9-day AND the 26-day moving average with high buying pressure whicks which is interesting
Now from a company perspective standpoint we are most likely to first get approval on, this would be like the most expensive drug I have EVER heard of! In other words MEGA MEGA profit potential for APRE. So basically this would make more money per patient than any other drug in the ENTIRE cancer industry.
INTVI have a pretty ridiculous amount of INTV so my bias is bullish and can't be argued. This is about as far as I get until my brain starts hurting.
The count looks bearish but the break out of the falling wedge and the sideways correction after ABC bearish correction all makes me think maybe my counts are wrong or maybe MMs
have made it very impossible to forecast this chart ST.
IDK but ISWH went from .65c to $3 plus in less than a month.
Baby bro INTV can't be too far behind so just buy IMO and be patient.
Buy It While You CanLook it up. Big merger. Big new market.
This company has around 10 clinics that specialize in Ketamine psychadelic therapy. New research is being done in this field and psychadelics have proved to be effective in treating alcoholism.
I just bought a bunch, but you do you.
Trading OEE Volatility! IF you haven't been using the volatility to your advantage you've been missing out. This is a great stock to trade in 0.0025-0.005 increments! So I would call in to trade and place orders at 0.0275 then enter sell at 0.03 or buy at 0.025 then sell at 0.0275. IF you have enough funds, the fee of calling to place the trade is worth it! A great little money maker!
Happy Trading!
BITMAIN DEAL WITH THIS OTC STOCKBITMAIN DEAL WITH THIS OTC STOCK and it's trading under $2
See that ascending triangle, RSI, and KST?! very BULLISH
Molecular Data Inc. $MKD - Long idea 💡 ⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
FSD Pharma Inc. $HUGE - Long idea 💡 ⚠️ This idea is based on my technical analysis only. Do your research and trade on your own risk!
TBLT A Lesson Learned Last week around this same time I posted an idea on TBLT asking how traders get trapped in these gaps . I had just started to study gaps so this actually played out perfectly and answered my own question.
I wanted to know how traders get trapped in these situations where you go into the weekend confident in your decision, only to watch everything come crashing down on you Monday morning. The way this played out couldn't have been more perfect.
TBLT is considered a penny stock for those of you who are also new to the market, and not totally hip on your terminology yet. Any stock share with a price of $10.00 and below is considered by most professional traders to fall under the penny stock designation.
Penny stocks are considered extremely volatile in the trading community for many reasons; one example being that the low Market Cap of these companies, and the low share price make these prime candidates for pump and dump schemes. Penny Stocks are also at higher risk of having trading halted by regulators during an active Market session. This can lead to substantial losses. There are plenty of other reasons that make them a high risk, but these two are most important in my opinion.
Now that you have the back story, I'll make this part short and sweet. What went wrong was the perfect storm of me dabbling in an extremely volatile asset class, not following my trading plan by setting a stop loss to mitigate my risk if things went in the opposite direction; which is exactly what happened, and buying so close to an Earnings report that ended up being less than stellar. ( That last part about the earnings report was actually a surprise to me. They are a small company, but they had great numbers with their online sales, and the tools are decent. I actually use some of them ). Anyway, it's all relevant to what led me to enter the trade, so that's why it's here.
I used multi timeframe analysis of the Daily & 1 hour time frames for this particular trade. I entered using the hourly candlestick pattern and bought on the open of the one hour candle.
I apologize for the unprofessional graphics, but I'm limited to an Android phone for all of this. I will see if I can edit this on a PC when I get the chance so I can add the other graphic. I have the Daily & 1 hour charts marked up, but I could only capture screenshots due to being limited to my mobile device.
Back to business :
As the old saying goes ; A picture tells a thousand words. My Swing Trade has now turned into a longer term hold tying up capital and leaving me in the red for the time being. I hope this helps other new traders understand that technical analysis is an extremely deep subject, and that sticking to your plan is of the utmost importance. If I had done this properly , I could be buying the dip, or moving on to another trade instead of holding a bag.
Leave a comment below, and let me know what you think about my explanation. Let me know if this has ever happened to you? Thankfully I did stick to only investing a small percentage of capital per trade, so it's not all bad news.
*Not financial advice. For educational and entertainment purposes only.
RECAF Potential Buy Levels ApproachingAfter a spectacular rise from $1 to $12, RECAF has plunged back to $6 USD.
My favorite 'penny stock,' I would love to accumulate RECAF around $3-5 USD and hold for $9-12 USD.
Such a level to accumulate would be statistically safe, and provide excellent 100-300% returns in the following months.
RECAF is a great upcoming company that can continue to grow. Wallet Investor currently projects $22 but the stock's rating hovers at $12.
Do you think this could make more than Bitcoin in 2021 and early 2022?
Happy trading everyone. Please do you own analysis and thanks for reading.
VXRT Vol + Fibs = ?VXRT testing another familiar area of "traffic" from the last few months. This 786 fib area has remained a key level on the chart. More times than not, VXRT has failed to break and hold above it for any meaningful amount of time. But thanks to new covid cases and its recent business update, things are popping on Aug 9th. Though the volume isn't anything crazy above average, the last few days of consistently higher levels are something to watch closely as well.
" Another one of the former penny stocks to watch on this list is Vaxart Inc. While short interest isn’t the only focus right now, for VXRT, it has played a role. Based on the most recent data, the short float percentage is right around 20%. What’s more, the company’s recent business update helped shed a brighter light on a few things that were up in the air during more recent weeks...One of the topics discussed was the potential of Vaxart’s R&D and clinical development initiatives. CEO Andrei Floroiu said, “We strengthened our balance sheet, made major research advances, deepened our scientific knowledge, grew the company, and took the company closer to our goal of developing disruptive oral tablet vaccines that can have a material impact on the world’s public health.” ...Vaxart’s platform has shown progress in recent clinical trials. Its norovirus vaccine, built on the company’s VAAST platform, demonstrated the ability to boost immune responses in those who’ve been previously vaccinated with a Vaxart oral vaccine. In some cases, this vaccination period was more than a year earlier. The company also has a current trial study going on. This is of its S-Wuhan construct, which it expects to begin shortly. Obviously, with growing virus cases and the eventual rise of “cold and flu season,” this early progress has begun to gain attention in the market. "
Quote Source & Read More: 4 Penny Stocks On Robinhood To Watch This Week