DISCLAIMER

I am not a registered investment advisor with the SEC. Nothing in this video, should be taken as legally binding investment advice, in the same way that SEC licensed stockbrokers can advise their clients. I am not “selling” any stocks or OTC penny stocks as a broker in this video. The purpose of this video, is only to offer guidance to those who are interested in educating themselves, about self-directed investing and Biblically Responsible Investing (BRI).

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Those who have made fun of this day of small beginnings will celebrate. –Zechariah 4:10 (CEV)

FURTHER READING

1. Edward Day’s Penny Stocks Trading for Beginners

2. F. Philip Rice’s Getting Rich with Low-Priced Stocks

3. Toni Turner’s A Beginner’s Guide to Day Trading Online

4. Stephen Bigalow’s Profitable Candlestick Trading

5. Hilary Kramer’s The Little Book of Big Profits from Small Stocks

Recognizing repeatable patterns on a candlestick chart can help you to make highly probable predictions about when the next green price spike is going to happen. This ability to predict is essential to making a profitable buy-low-sell-high trade, because it will give you the confidence you need to hold the shares long enough until the “skyscraper” tops out. In the case of Newpark Resources (NR), which is an NYSE penny stock trading around $4, there is an almost 100% repeatable pattern that can be useful for making future trading predictions. In this case, its on a 60 minute candlestick chart. As you can see, almost without fail, for almost every 9:30am to 10:30am trading session, a green candlestick has faithfully and consistently appeared. Here I’m calling them “skyscrapers,” a name I just made up for myself to be able to notice the pattern. Since this has happened so many mornings in the recent past, I can predict with all probability, that the same thing will happen again tomorrow.