TGC, CTIC - two symbols to go long tomorrow. Bulls are trying to recover, at least to bounce and shorts would need to cover their positions tomorrow after a profitable week. This should provide us some support and reduce overall market risk.
TGC is the best looking oil chart for now. By the way from fundamental standpoint,
TGC one of few stocks in our Pennystocks100 index that maintains 'Hold' analysts recommendation. While
CTIC is a huge momentum play.
Backtested Symbol: TGC
Strategy: Pennystocks100 (5 min chart)
Period: Mar 17, 2010 - Mar 17, 2011
# Win: 1
# Loss: 0
Winners: 100%
Profit-Loss%: +7.56%
Backtested Symbol: CTIC
Strategy: Pennystocks100 (5 min chart)
Period: Mar 17, 2010 - Mar 17, 2011
# Win: 4
# Loss: 2
Winners: 67%
Profit-Loss%: +13.87%
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