I have been doing some research on a few “penny stocks” that I think might have the potential to have a decent uptrend today. I have viewed historical charts dating back to almost a year on most of these and have looked at recent patterns. The following stocks have received news this morning and should help with my predictions.
Risk Level – Low
Sprint (SYM: S) – I really love this stock, especially at it’s price right now, this stock has great year end potential and I will definitely be buying a chunk. View news here.
ROSV – Gold has rised over $1,000/ounce ~ this company looks to be a decent player with high hopes. Looks like a great entry price with a very good chart. View their website here.
NYMH – Nymet Holdings, Inc. this particular stock has a very promising chart, one I will most likely dip into. View their news here.
Risk Level – High
HYTM – this stock has great potential for a huge uptrend, but I would definitely trade with caution. View news here.
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Penny stocks are those that have great potential to earn a huge return of investment with such little input. This makes it the all-time favorite of stock traders, including those who are new to the stock trading game.
TJ