Trading-Pennies: Trading Lesson: Developing a Stocks to Watch List
by admin on Wednesday, April 28th, 2010 | 4 Comments
Welcome to Trading-Pennies.com’s “Chart of the Week” where every week we will examine the trading strategy behind one of our daily explosive stock picks. This week we look at the mining and exploration , Copper King Mining Corporation – ticker symbol CPRK – as an example of how professional traders develop a stocks to watch list. All of the strategies presented here are covered in detail in our manual “Learn How Professionals Trade the Penny Stock Market” available on our site at Trading-Pennies.com
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While recent technicals look “interesting” this particular stock does not yet meet our companies standards with regards to inclusion within our stock picks list. We apprecite your bringing this to our attention and there are technical indicators that suggest sublime accumulation. At this point we will keep this on our pool of stocks to keep eye on but currently it’s price volume action is not worthy of inclusion in our current watchlist nor educational vidoe profile.
I agree. I never have gone long on a penny stock.
I believe nows the time for another review of CPRK.
Things are brewing there from the msg board posts I’ve been reading.
The PPS was a low of .0012 and now is .0033, after climbing slowly this week.
CPRK ran a couple weeks ago from .002 to .0052
I’d like to hear what your views are with CPRK.
Thanks.
PinkSheet – We appreciate your patronage but understand with regards to penny stocks the word investment is not in our vocabulary….we focus on breakout and continuation plays only and our attention to a particular stock is based solely on this potential.
Did you see the news today?
Very good news, a deal signed and talk about production.
The news hasn’t hit the mainstream yet. It’ll take a couple days for this news to sink in, IMO.
The news was late in the trading day.
Currently trading under .0085 even after the news, .008 near EOD.