As predicted on January 7th, SUBB has been a very nice mover. After initial 3 day gains of 82.3% the profit takers stepped in and provided a nice dip for those that missed the first move. The subsequent move again lasted 3 days with solid 45.7% gains. Once again on Friday, January 17th profit takers stepped in and the stock found itself testing that .17 support level and once again offered up a nice entry for traders to take advantage of. What I am seeing is a “Channel Play” starting to form and I think Tuesday SUBB will start a move back toward the top of that channel. If the stock can find enough momentum to take out the resistance we might just have a big gainer on our hands. Keep SUBB on you radar throughout this next week as I believe it is far from over!! Let’s Make Some Money!! ******************************* If you are interested in trading/investing in penny stocks be sure and sign up for my 100% free penny stock newsletter by visiting my website and subscribing... no credit card necessary and full company profiles on all of my stock alerts will be delivered directly to you email inbox fabulouspennystocks/
Posted on: Mon, 20 Jan 2014 17:05:40 +0000
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