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Old 29-06-2011, 09:07 PM
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Default Reading Stock Charts in Swing Trading

You might think that the idea of a short-term trading strategy for penny stocks is an oxymoron. It makes sense, since penny stocks are characterized by their quick term, high-risk nature as investments. This characterization is drawn from their comparison to other, more stable stock market investments, however. The truth is that penny stocks have their own short and long term investment strategies, they're simply designed to operate within a smaller time from than those of other stock options. A blue chip stock, for example, is something you might plan to hang onto for years before your profits mature. In the case of a value stock, you might hold on to it for days or weeks. Still, that can be long-term for a stock whose position has the potential for violent change within minutes.
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