I should say that penny stocks look very interesting and they can be even more profitable if compare them with crypto markets. So, I will try to prove it by results.
If you are interested in penny stock/low cap stock trading... If you want to discover new opportunities in financial markets... If you wish to get new knowledge and experience...
I invite you to start this journey with me!
The 1st market is UNITI Group . The market dropped a lot and now it is oversold. confirms it.
The entry level is above the high of the candle. Stop orders can be placed below the low of the candle. As for this trade, it can be used without stop orders as I'm not going to use leverage.
There are 2 trades with the same entry, stop but with 2 different profit targets. TP1 = 20.00 and TP2 = 30.00 levels.
Trade volume: 5% from the capital size.
I'm goign to try TA for getting stable results but may be later, I will add FA as an additional source.