Our algorightm selected RGLS today. There is no resistance to $13.5 per share which is 20% from these levels. If and when the stock reaches that level, then the next congestion level is at $17.5, which is a 55% gain from the current price. Depending on your investment horizon, there are easy and immediate gains in this stock.
For those who are interested in the algorithm, please check our older posts. We scan stocks daily to detect micro movements which signal accumulation either by large funds which want to acquire the stock, or by other participants which want to capitalize on their private information, whether it is based on their own primary research or information gathered through sinister methods. Either way, our algorithm has been highly selective but successful, and our older posts are there to prove it.
Check out our calls in ISR, BRDR, ATEN, AMPE and so on.
"Do you have a timeline for your anticipated run-up in PPS, other than generic terms like soon, or someday or sometime."
Are you kdding?
Since 5/29 when we bought AMPE (posted about it in this meesage thread on 5/30) the stock went from 2.42 (our entry price) to a max of 3.04, which is a 25% increase in 6 days, or approximately 1500% annualized.
Let's say you suck at trading, and did not sell at the higher prices, but you sold at the close on Friday 6/12 14 days from the entry date, at 2.64.....your return would be 9%, or 230% annualized.
If you read the orignal message, we think $3.3 is reasonable, and $5.5 is the next congestion level to be breached in the next 45-60 days. We doubt the stock will reach $8 again, on no news, and only due to trading imbalances. It MAY reach $8 only due to fundamental reasons.
If you want our algo picks like AMPE, then please hold, as we will post on Yahoo as soon as a stock meets all of our criteria.
If you need everything like entry price, entry time, exit price and exit time served on a platter, then you need to hire someone like Goldman Sachs - they will help you lose your shirt easily.
The algorithm was yet again spot on in sniffing a large scale accumulation.
This is only the beginning of the massive runup - the next phase is a huge fundamentals based rally triggered by today's study results, all the way to the gap midpoint of $5.5, and if that level is broken, then the sky is the limit.