On May 3rd we already traded $RXII and I mentioned in my post that I am going to hold $RXII (a small position, equal to my profit from $RNN ;-) the other day). Check it out here.
So, tomorrow I am going to add to my current small $RXII position and trade it as usually do in my pennystocks100 strategy. (manual 3% stop losses of course). $URRE is another symbol that made into our top-priority list for tomorrow. Chart looks good and seems like the stock price is finally changing its direction after a long downtrend. Strong volume suggests it is for real this time.
Backtested Symbol: URRE
Strategy: Pennystocks100 (5 min chart)
Period: May 26, 2010 - May 26, 2011
# Win: 1
# Loss: 1
Winners: 50%
Profit-Loss%: +1.21%
Backtested Symbol: RXII
Strategy: Pennystocks100 (5 min chart)
Period: May 26, 2010 - May 26, 2011
# Win: 0
# Loss: 1
Winners: 0%
Profit-Loss%: -3.04%
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