Lesson: Don't buy to ever think that the stock will go up

Don't buy a stock if its Sto and MACD indicate are below the zero line. The stock is likely to go down in that region.

Penny Stock

Homework: Many new investors like to look for investments for a smaller account while some even look for Penny Stocks. A Penny Stock is generally referred to as any stock under $1.00 in value. It should be noted that Penny Stocks are usually newer companies that have unproven track records and should be traded with risk capital. The good news however, is that if these new little companies take off to the upside they can have fantastic gains. To search for these stocks on the INVESTools site:
1) Click on the Searches tab
2) Click on the Power ProSearch link
3) We will use the Price Performance, Volume Indicators and Background for the Categories. Please see the picture on the click here page for the parameters for these categories.
4) Scroll to the bottom of the page and change the Results to 40 from the preset 25 and then click on Submit Search
5) When the results come up, click on Select All Symbols and then on View Selected Symbols as Chart Thumbnails
Look for anything trending higher and then you can do some research on the company to see if their product or service is something you believe has future growth potential. On the current list Goldfield, GV, has just recently broken out to the upside on 2 new green arrows as well as trades in the .BCE industry group.