Monday, March 7, 2011

Trading Alert for 3/8/2011

Oil craze may take a little break so that other 'energy' folks can catch up with the trend. For me, the best play for tomorrow is BIOF. Chart definitely looks great and ready to break through at least 50MA resistance.
One symbol to trade tomorrow and it is: BIOF.
Check out charts and backtesting.



Backtested Symbol: BIOF
Strategy: Pennystocks100 (5 min chart)
Period: Mar 7, 2010 - Mar 7, 2011
# Win: 2
# Loss: 1
Winners: 67%
Profit-Loss%: +17.95%

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