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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » CWLC - Looks good for a few ticks

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Author Topic: CWLC - Looks good for a few ticks
permanentjaun
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Howdy guys,

This one looks pretty good from a risk/reward position. The only MA's above it are the 100/200. RSI and %R trending hard. MACD may beginning a divergence. Histogram just went positive for sure two trading days ago. Resistance is at .048 then .05. Current closing price is .039. Support at .033 and .031. It may not fall to support though. Everything was consolidated pretty well and volume is coming in now. It's not enough I'd say though. I'm hoping now that it has solidly closed above the 50MA that volume will flow in. Here's the chart.

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Here's the 10 day. See what I mean about how it consolidated and is now breaking out? Looks good to me. What do you think?

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