Last Night's NEWS Triggered a Big Burst of Rally!
Good evening,
I had a feeling Solar3D, Inc. (SLTD) would give us a bull run this morning -- after all, it's not every day a start-up solar manufacturer finishes the design on its very first product. (Read more)
And since the news broke last night after the close, this morning was the first chance solar-hungry traders got to react.
React they did, with a 38% rally! If you were in that crowd, congratulations on what I hope is a niche pile of cash!
As it is, SLTD volume is on track to be the best in months -- 2.5 times normal full-day turnover inside of 90 minutes -- and all the factors I saw in the chart last night are even more pronounced now.
For instance, this morning's move easily pushed SLTD above every single trend line out there, from the 10 to the 200 mda.
With that in mind, SLTD could bounce around here for awhile or even break out entirely.
And as for me, I'll be back sooner than you might expect because...
Last Night's NEWS Triggered a Big Burst of Rally!
Extra-special surprise alert for you tomorrow morning in the form of a ticker that's been dormant for ages, but suddenly started rocking the market a few weeks back.
As a result, twice as many shares of this stock now trade in an HOUR as previously took months to move.
The price action has been surfing that wave of liquidity to the tune of 27% on the typical intraday move...going all the way back to the first of August.
This retailer managed to book 9 TIMES as much revenue last quarter as it earned in its entire lifetime up to that point.
Now management is bragging that they think that exponential growth could continue. And earnings per share have already tipped into positive territory!
As it is, this stock has been testing the 50 mda all month now. Wait until you see the huge blank space on the chart between that line and the next-highest trend!
See you on the boards!
Terry Slanton
~ and the staff at Penny Stocks Finder
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