We’ve all heard of someone that invested in a penny stock and doubled their money or about someone who made loads of money by investing in an undiscovered company that turned into the next big thing.
Many traders will agree that it is better to trade penny stocks than to invest in penny stocks. My name is Pete and I am an independent investor & trader specializing mainly in penny stocks. My name is Pete and I am an independent investor & trader specializing mainly in penny stocks. The technical indicator called Stochastics is used to determine patterns of uptrends and downtrends in a stock’s trading pattern. One other aspect of Stochastics that I would like to touch on are Stochastic Price Divergences.
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New articles are added all the time, so check back soon to see more additions to the Penny Stocks 101 page. You can find a variety of brokers, just about all offer you the opportunity to buy penny stocks.
The oscillation of the Stochastics shows you when a stock is nearing or within an oversold area or nearing or within an overbought area. Well, the Stochastics Slow is usually preferred by most traders because is does not show as many false buy and sell signals.
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