Good Morning,
After yesterdays 1530pct runner the Spring season is officially here
so lets keep the runners going with SWMM.
Now before you get all bent out of shape, remember I told you I want
to prove to you that the common theory that the only way to see big
gains is to play .00 plays is not always true.
So yes, SWMM is a .20 monster in the making that seems to be so thin
that I am afraid sneezing on it might send it on a parabolic move.
SWMM has been trending side ways for over a month in the .12 to .15
range, when suddenly yesterday it work up.. activating the bollinger bands,
and setting off scanners.
When the bollinger bands are in a tight channel, as seen on SWMM chart,
and then an uptrend occurs, the bollinger bands start to move apart and
then, if the pattern is executed properly, it creates a very beautiful set up.
"Riding the upper bollie" is what I like to call it and that's when the price
trends upwards for days as the upper bollinger band gradually moves up
out of its consolidation stance.
The pure fact that SWMM shows a Float of only 841K shares according to
OTCMarkets, making this possibly one very thin play.
With RSI, MACD and Acc/Dist all giving SWMM a bullish signal, I think
we are in for a fun treat today.
Start your research on SWMM right away, trade smart, watch your profits,
and enjoy.
Sincerely,
007