Tuesday, August 9, 2011

Trading Alert for 8/10/2011

Huge bounce today yielded one symbol for our pennystocks100 trading tomorrow: $EGLE
chart looks very attractive at this point. Though I don't buy what some people call "cheap" or "expensive" - it's all so relative. But at this point $EGLE chart looks ready for a nice bullish continuation tomorrow morning. A lot of stocks we are monitoring showed great price increase today, but $EGLE was the only one where price increase was confirmed by the volume spike. This is the first symbol we will be trading in August, so lets see how it goes...






Backtested Symbol: $EGLE
Strategy: Pennystocks100 (5 min chart)
Period: Aug 9, 2010 - Aug 9, 2011
# Win: 0
# Loss: 0
Winners: 0%
Profit-Loss%: +0.00%

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