Monday, January 22, 2007

JSPC, When to sell?


JSPC, is almost same case as the LIONIND. Both are penny stocks, and both are dangerous stock in my opinion. The JSPC is reaching its resistance line of 0.20. Can it break the resistance? It is highly unpredictable... The stock has been steadily rising up on a 45 degree trend line, and it is still not obvious that the "manipulator" has shown any sign of wanting to distribute the stock greatly. As with the case for LIONIND, we should have the stock KIV and sell if we able to spot any candle of greed and hope in the future. High volume of the previous reversal point could be serve as a reliable signal to guide our judgment.

Good luck and happy Chinese New Year.

No comments: