Amazing run this morning for G Invacom. The stock price surged up heavily with so much big buyers taking up the shares at will. I studied the chart and I believe there was a bullish signal to enter this stock but it's pretty risky since it's a penny stock and also it's never in played for many years. Today was a different day as the stock ran up 71% from 0.05 to 0.077 where the buyers just take any price higher. It's clear that some good news released and the stock could benefit from future up trend in the short term. I will be trading this counter at the next turning point. Click and read the news below.
https://www.theedgesingapore.com/global-invacom-cancels-280-mil-acquisition-tactilis-due-difficulties-meeting-agreement-terms
The stock just shot up another 9 pips in 17 mins in the 5 minute chart. That's just so powerful and validated my analysis.
Ronald K - Market Psychologist - A Stock Market Opportunist
