Trading Alert for 3/4/2011

4 symbols for tomorrow: RTK, SCON, USAT, WEN


The most promising set up I would say has RTK. It is due for a nice pop given oil and commodities rise. In fact, RTK Q1 11 results in February set a real target to double EBIDTA this year were not really noticed by traders. At least bar chart doesn't show it. Today’s more than 2x volume pop could indicate a start of a nice upswing. Plus, backtesting supports our assumption. Will see tomorrow... I hope it is another TIV right here :-)

Backtested Symbol: RTK
Strategy: Pennystocks100 (5 min chart)
Period: Mar 3, 2010 - Mar 3, 2011
# Win: 5
# Loss: 1
Winners: 83%
Profit-Loss%: +6.14%

Backtested Symbol: SCON

Strategy: Pennystocks100 (5 min chart)

Period: Mar 3, 2010 - Mar 3, 2011
# Win: 0
# Loss: 1
Winners: 0%
Profit-Loss%: -3.19%

Backtested Symbol: USAT
Strategy: Pennystocks100 (5 min chart)
Period: Mar 3, 2010 - Mar 3, 2011
# Win: 0
# Loss: 1
Winners: 0%
Profit-Loss%: -2.03%

Backtested Symbol: WEN
Strategy: Pennystocks100 (5 min chart)
Period: Mar 3, 2010 - Mar 3, 2011
# Win: 3
# Loss: 0
Winners: 100%
Profit-Loss%: +3.78%