All of a sudden, those stocks where I traded in the past started to resurrect. The Top Volume yesterday was full of ultra penny stocks like Miyoshi, Jiutian Chemical, Imperium Crown and many others. Most of them formed a base while the volume suddenly surged with buyers taking up high number of shares that caused it to appear in the Top Volume. The minute chart has some nice setups for short term trading with the daily chart shows that the stock is currently residing at the bottom. Combined with the appearance of the Top Volume, it's wise to take note that penny stocks is only goof for short term contra trading and considering that this is ultra pennies, it's wise not to hold the stock for too long. Looking forward to more actions next week.
Ronald K - Market Psychologist - A Stock Market Opportunist
