My First Idea here, I would like to think of it more like an intuition vs. technical analysis. MNY has made some patterns I noticed especially like around 24th-25th of a month, entering a consolidation area for 2-3 weeks (1.88$-2.00$). waiting for an up trend breakout to exit my position.
Facts on MNY:
NASDAQ Listed
Positive performance & earnings
Low...
MNY hit the scan early in the morning with a volume alert. Right now sitting @2.42 Me thinking it has some potential to go up further in the $4 mark. We shall see.
MNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a
90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements,
getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position
in this risky play expecting a great return over the near and intermediate...
