Our post from last week gave you a snapshot of some of the trial stock screens that we run. Quazi is always hard at work to improve the probabilities. Some of the microcaps have popped for nice gains from recent posts. Challenger Energy (Stock Symbol: CHQ), after hugging the $5.00 support level ran to $5.75…a nice, painless 15% gain. Click here to see CHQ post.
Updating our last post, Orsus Xelent Technologies, (Stock symbol: ORS) jumped 15% higher, MFG fell below resistance and was abandoned, and we are still watching the action as Cypress Biosciences Inc., (Stock symbol:CYPB) is riding the $7.00 support line. No major losses and tradeable, profitable plays are what we are all about and with the market indicator still giving the trading signal, we will take full advantage. Disregarding all the market noise and looking at the facts presented will keep you on the right side of the trade.
Quazimoto has not seen much in the way of penny and sub-penny trades that show advantages for the trader lately. Quazi says that he would rather spin the roulette wheel and take in Cirque Du Soleil. Vegas is nice and warm this time of year.