Trading Alert for 8/29/2011

Three symbols for tomorrow: $TGB, $HERO, $PEIX. Surprisingly large number of stocks to trade we got into our screener. But, that's the reality. Penny stocks were down for a long time, since May 16th, as my indicators show, so, it's due for a decent bullish rally, at least for commodity and really strong plays. So, we'll see... For now, as I said, three symbols and each one has a reason to go higher.

$TGB - The Canadian Environmental Assessment Agency has formally accepted Taseko Mines Limited's $TGB's project description for its proposed $1 billion New Prosperity gold-copper mine in British Columbia's central interior.


Backtested Symbol: $TGB
Strategy: Pennystocks100 (5 min chart)
Period: Aug 26, 2010 - Aug 26, 2011
# Win: 2
# Loss: 2
Winners: 50%
Profit-Loss%: +2.10%





Backtested Symbol: $HERO
Strategy: Pennystocks100 (5 min chart)
Period: Aug 26, 2010 - Aug 26, 2011
# Win: 4
# Loss: 2
Winners: 67%
Profit-Loss%: +8.05%








Backtested Symbol: $PEIX
Backtest Strategy: Pennystocks100 (5 min chart)
Period: Aug 26, 2010 - Aug 26, 2011
# Win: 10
# Loss: 5
Winners: 67%
Profit-Loss%: +45.44%