Both are down big time for the last couple of months and we are expecting a healthy bounce up. Both are highly speculative plays, but upside potential in the short term significantly exceeds downside risk. Stock specific reasons, (positive news buzz) multiplied by momentum and the overall market bounce potential may yield high returns. Volume just confirms the action. We are expecting positive bullish activity to continue tomorrow morning.
Backtested Symbol: $BZH
Strategy: Pennystocks100 (5 min chart)
Period: Aug 30, 2010 - Aug 30, 2011
# Win: 1
# Loss: 0
Winners: 100%
Profit-Loss%: +8.85%
Backtested Symbol: $COCO
Strategy: Pennystocks100 (5 min chart)
Period: Aug 30, 2010 - Aug 30, 2011
# Win: 1
# Loss: 1
Winners: 50%
Profit-Loss%: +0.44%
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