Another trade today with CWG Intl where there was so much collections going on in the chart that was poised for a rebound. As the BBs were slowly absorbing for the entire afternoon, suddenly, I saw a huge breakout in IEV and BlackGoldNatural at 2pm+ where it tells me that the penny stocks could have a second round rebound coming after the morning flush and hence I decided to pick CWG Intl since the chart was beautiful for all special ops members. CWG Intl then broke out where most of us made $.
The observation skills on the Top Volume penny stocks combined with the surrounding collections of other penny counters in the background just made this trade easy to spot. Thank you everyone and see you next week!
Ronald K - Market Psychologist - A Stock Market Opportunist
