Wow what a humpday here at the StockRoach today!
Not only did Papa Roach’s MUY CALIENTE e-mail alert IFCR bring some, “Kick a stock basher in the ass!” gains upwards of 78% WITHIN THE FIRST COUPLE OF HOURS OF TRADING! Your Senorita put out a TWITTER ONLY alert on Portage resources (Pink: POTG) at .108 for a quick flip to .119 for a snipe gain upwards of 10% within minutes, then I tweeted to watch the pullback on POTG at a PPS (price per share) of .105.
It took the day to brew but it continued the uptrend with a few small pullbacks here and there. Some cashed out for some very respectable gains, but if you are a member of the balls of steel club and realized that POTG was holding above a couple of crucial former resistance levels, then POTG’s power hour probably had you hopping up and down like a kid on Christmas morning!
At 3:30pm EST, POTG roared like a freight train once .12s were breached, and started running like a scalded dog to a POWER HOUR high of .1425 for some more lip smacking gains upwards of 36%!
This is all in one day folks! If you had played POTG AND IFCR, you could have had cumulative gains TODAY of 114%!
Let me break it down in dollars, let’s say that you put $250 into each play for a total of $500, your roachy butt would be sitting on upwards of $570 in PROFITS!
Before I get onto POTG’s updated technical anaylsis, I would like to remind everyone to:
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POTG, had an extremely strong power hour, and traders LOVE to play the dips and gaps on this one. POTG smashed through and held above 3 resistance levels to close above the 50 DMA (daily moving average) line of .13! With a beautiful bullish engulfing candle close, accumulation levels rising, an MACD divergence, and a Parabolic Sar flip on the daily, I wouldn’t take my eyes off of POTG just yet. This dog could still hunt.
Support levels for POTG comes in at .13, .12, .10 and resistances lies ahead at .15, 18, .20. Always beware of the AM gap and trap, and roach on everyone!
POTG chart: http://stockcharts.com/h-sc/ui?s=POTG