PCNTF - day trade?

Discussion in 'Trading' started by amrs20032003, Feb 21, 2004.

  1. Seems like PCNTF had a positive reversal on Friday and is poised to resume its uptrend after the pullback.

    I am thinking of getting in long for a day-trade on a move past Friday's high of 10.3

    Would appreciate opinions/feedback.
     
  2. daytrading these low price thin volume stocks can be a chore....
     
  3. Isudaytrade:

    What do you think of the pattern and the potential to resume the uptrend?
     
  4. backman

    backman

    i shorted PCNTF on Friday, based on NR7 failure of prior day's low....while a buy on break of 10.3 might be profitable, what would you use for a stop loss