For stocks in the early stages of speculation there is usually high volatility. An RSI on a 15min chart can be a good indicator of when to buy and sell. Buy when 14 RSI on 15 min chart hits 20 or below and sell when RSI hits 80 or above. Another exit strategy would be to sell when it's made 15%-20%. This strategy can work 2 or 3 times over the course of the next few weeks, but be careful for an exhaustion of the trend. This is very high risk as stops will need to be very loose with the high volatility.
Comments
Septimus
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Dang! Check it out. I made this prediction 8 days ago. It hit below 20 on the RSI (15 min chart) today. Should start going up now.