BlackGoldNatural is a stock that is long in my watchlist but I am also highly aware that this is a penny stock and the risk is high when trading this counter. Everytime the stock broke out, it immediately simmer down the next few days which makes this stock tough to ride the trend up. Hence to trade it wisely, I will be looking for a BBs buying first and follow by some flushes (if any) before taking a long position on it.
I suggest to trade this stock wisely and prudently to avoid unnecessary mistakes and losses. The stock looks bullish but that doesn't really matter. The most crucial element is the key timing one hops in, so as to avoid whipsaws and become stale bull later.
Ronald K - Market Psychologist - A Stock Market Opportunist
