📈📈 Bullish Penny Stocks Under $10 for 7.25.2019 💵💵 - #stockstowatch #pennystocks $PCTL $PWDY $ACST
What Is a Penny Stock: A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.
The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.
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Jonny Red's Penny Stock Trade Thoughts Below:
The below listed Penny Stock Tickers are all those that meet the criteria of the scanner. These are tickers that need to be watched and analyzed at Market Open to see if they will continue their Northern Momentum. I have posted a few of the charts for my favorite ones.
All of these tickers close today with 3 consecutive Green closes. I typically always look for penny's stock plays that have 2 to 3 consecutive GREEN days, and at least 800k+ in volume.
Transparent Traders Daily Used Stock Screeners Found Here ---> Click HERE
- PCTL - Have been swing and day trading for the last 4 trading session. PCTL has held 625% in gains and RSI is still only in the mid 50 range. Plenty of room to go. My firm belief is we break and hold .03 tomorrow.
- PWDY - Bought in today, i am looking for this to set another new high tomorrow. Swing trade for 20% gains is my plan.
- ACST - Volume continues to grow, RSI is hot, but hasn't seemed to phase it one bit. I'm looking for another 10-20% out of this one.
What Is a Penny Stock: A penny stock refers to a small company's stock that typically trades for less than $5 per share. Although some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most penny stocks trade via over the counter (OTC) transactions. Transactions take place through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned Pink Sheets. There is no trading floor for OTC transactions, and the quotations are also all done electronically.
The desire to make a quick killing in the stock market draws many inexperienced investors to trade in penny stocks. Unfortunately, this also means many people lose their money in the blink of an eye.
Why would anyone take on this type of risk? As the saying goes, “the higher the risk, the higher the potential returns.” If invested in the right companies, penny stocks can provide enormous returns. So if you’re comfortable with the risk versus return trade-off, and understand that you could lose your money, penny stocks could play a role in your portfolio.
Jonny Red's Penny Stock Trade Thoughts Below:
All of these tickers close today with 3 consecutive Green closes. I typically always look for penny's stock plays that have 2 to 3 consecutive GREEN days, and at least 800k+ in volume.
Transparent Traders Daily Used Stock Screeners Found Here ---> Click HERE
- PCTL - Have been swing and day trading for the last 4 trading session. PCTL has held 625% in gains and RSI is still only in the mid 50 range. Plenty of room to go. My firm belief is we break and hold .03 tomorrow.
- PWDY - Bought in today, i am looking for this to set another new high tomorrow. Swing trade for 20% gains is my plan.
- ACST - Volume continues to grow, RSI is hot, but hasn't seemed to phase it one bit. I'm looking for another 10-20% out of this one.
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