Tuesday, July 26, 2005

PRZ Daytrading

I've been following PRZ since the beginning of July and lately I've noticed a recurring trend. If you take a look at the chart, PRZ has been on the uptrend for quite a while, but if you look closer you'll realize that the stock has been moving in a very predictable pattern. Each day, for the last four days, PRZ has consistently pulled back during the opening hours of the market and made huge gains towards midday. Even if the stock does not continue this upward trend, you're sure to make a quick buck buying in at a pullback and selling after a recovery. Keep in mind, though, this stock still seems extremely volatile. Don't get greedy and get out as soon as you've made some modest gains. I've been trading this stock for about a month now and it has served me well. Currently though, the majority of my capital will be going towards the purchasing of ELN in hopes of the return of Tysbari. Read previous article for a more in-depth look. Good luck and happy trading!

1 Comments:

Blogger angela said...

reading trading advice from keidric wong and johns wu is quite disconcerting.. haha. the fact that i'm tempted to follow your advice is even more disconcerting. :O glad you guys are doing well and making $$!

7/26/2005 11:22:00 PM  

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