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list the symbol plez so i can check out the rest

2006-07-08 08:34:19 · 4 answers · asked by It me 1 in Business & Finance Investing

4 answers

try all new corps theyre the best penny stocks are risky

2006-07-08 08:36:48 · answer #1 · answered by delphie 2 · 0 0

And Jesus said, "Give a man a fish and he can eat once. Teach the man to fish and he can feed himself for a lifetime."
Wait, no. Sorry. Jesus gave away fish. It was his critics who said it was a bad idea. My bad.

K. Here's the secret to fishing.
At the end of the trading day, go to http://www.stockchart.com/ .
On the left side of the page is a tab that says Stock Scans. Click that.
The first one on the list is "New 52-Week Highs...". Click that.
A list comes up of stocks in a variety of exchanges. The ones you want are in the NASDAQ and the AMEX.
First click the number under NASDAQ. You get a list of stocks and their trading ranges for the day. Find all stocks trading between $0.35 and $1.15. Write them down. Go back on your browser.
Now click the number under the AMEX exchange. Same deal- write those down.

Now, go to http://www.bigcharts.com . On the left of the screen choose the following parameters:
Time: 6 Months
Frequency: Daily
Indicators-
Moving Averages: SMA (20)
Upper Indicators: Volume by Price
Lower Indicator1: OBV (On-Balance Volume)
Lower Indicator2: RSI
Lower Indicator3: MACD
Chart Style: Candlestick
Chart Background: Default
Chart Size: Large

Now, plug in the ticker symbols that you got from Stock Scans.
What you are looking for is an OBV that is moving Up, trending toward the top. The steeper the climb, the more of a percentage you will make the next day.
The RSI should also be trending up at basically the same angle. If it is not at the same angle, discount some of your possible gain percentages.
MACD should have a divergent pattern. As long as the two lines look like they are moving away from each other, either above or below the line- it doesn't really matter- that is okay. If they are moving closer, you know the trend is closing. If they are diverging (moving apart...), you know the trend will continue.

Choose from all the stocks you have which OBV is trending the most upward (sharper climbing angle...) and is also the lowest in the box. If it is too high in the box, your gains will be there but the percentage gains will be less.
Choose stocks that have the OBV going up and the MACD spreading out. Buy them first thing in the morning or even have an overnight buy order. When you get confirmation that your order has been filled, get ready to sell it.
Most trends start first thing in the morning and complete before lunch. Don't trade anything after lunch unless you are buying something on the cheap. Take your gains before noon eastern time. Cash out and go to a movie. Date a girl. Buy your mom a nice present. Live your life.

I will let you thank me later.
Best of luck to you!

2006-07-08 10:11:26 · answer #2 · answered by Anonymous · 0 0

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/c8109

2015-01-25 00:03:23 · answer #3 · answered by Anonymous · 0 0

There are no good penny stocks. Thats why they are penny stocks. Leave them alone unless you are a pro.

2006-07-09 15:25:56 · answer #4 · answered by Dean B 3 · 0 0

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