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MCIG (SHORT)
Ok Chris first stock i would be looking to sell we are in a strong down trend with lower lows and lower highs.on the current lower low we have a pull back I would
be looking to short at fib retracement of .76 at 27 cents not only is that a great fib level but you
have a huge amount of structure in the charts around that level target will be at the 10 cents at the
lower low and with penny stock that's doubling your return with this trade
and there is volume. Place your stops at 32 cents and you got a 2to1 risk reward ratio on that
trade. We shall see what happens
be looking to short at fib retracement of .76 at 27 cents not only is that a great fib level but you
have a huge amount of structure in the charts around that level target will be at the 10 cents at the
lower low and with penny stock that's doubling your return with this trade
and there is volume. Place your stops at 32 cents and you got a 2to1 risk reward ratio on that
trade. We shall see what happens
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