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Strategies & Market Trends : Technical Analysis - Beginners
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To: paul s. who wrote (7178)12/2/1997 12:11:00 PM
From: Richard Estes  Read Replies (1) of 12039
 
I don't trade the real penny stocks like this. The spreads are too big and they are open to manipulation. I prefer one or two indicators in concert that give a specific entry/exit. The stock gave an expansion of range buy on volume, might be good for 3 days. I won't say TA can't work o these type stocks but the up 30%, one day, down 50% the next day has to open itself to other forms maybe trend lines.

Good Luck

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