Penny stocks: Accsys (2/5) Education + Spread your investments!

Risk: Medium

Please be advised that this is only an idea, so you are responsible for any losses yourself.

Dear followers,

First of all, many thanks for following and liking my ideas. As promised I provide you with some penny stocks today, but for the most part I keep focusing on the crypto analyses.

Do you know people who had to leave their home because they could no longer pay their mortgage after losing a job? I do. No matter how bad it is for them, these people have made a mistake at an earlier stage. Probably out of ignorance. Did you hear the stories about people who lost their money in the stock market in 2002 and went to drugs? I do. What if the crypto market crashes? Have you lost all your money? Then you have made exactly the same mistake.

The trick is to create multiple cash flows. A job, maybe two or trhee jobs, cryptos, currencies, interest, stocks, dividends, et cetera. When one or two cash flows are lost, you can still continue to live in your house. Otherwise you have still made a mistake by buying an overpriced house that you actually could not afford.

This is why I provide you today with 5 penny stocks that are technically right, about to break out and have a great profit potential for the coming years. Imagine one of these companies is a sleeping giant? Two shares rise a little, one falls and one company goes bankrupt? By spreading your investments you still have the jackpot and you have perhaps made a 1000% return or more!

The second penny stock is Accsys Technologies. Accsys Group is an intellectual property and chemical technology group focused on the sustainable transformation of wood through acetylation.

Accsys is waiting for a breakout. We have seen some false breakouts already. Since the 1st of january, the tick size is changed, what we see is a higher support level since this date. The new tick size might work positively on the breakout. If we close with a candle above the blue trendline a breakout is confirmed. (Click the play button on the chart to look for confirmation) Our first target will be 0.97, but I've this stock in my long-term portfolio.

Buy: Now or if it breaks out.

Please, follow and like for more trading ideas.

Questions? Feel free to ask and your feedback is welcome!
Mar 27
Trade closed manually: Sold my whole position.


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