Saturday, 5 August 2017

Penny Stocks

Some Penny Stocks to keep an eye on.

SAC - SA Corporate Real Estate

This stock has been cruising sideways and in the event, forming higher lows.  With increasing volume (B) and rising Momentum (A), the price has tested the resistance (C) once again. A break of this price level may result in higher price levels.

AFH - Alexander Forbes

This stock price is also flirting with the resistance line (B), while the Momentum (A) is increasing.

APF - Accelerate is a listed property fund

After the selloff, the stock price has consolidated with a resistance line (C).  Recently trading with high volumes (B), while Momentum (A) is building.

MDI - Master Drilling Group

On this stock we clearly do see the Price (B) Momentum (A) divergence.

Trade with caution as the markets are very unstable and uncertain.
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