AFTC (Alternative Fuel Technologies, Inc.) proved to be one of the top penny stock trades of the day, greatly interesting the managers of
Penny Stock Dream as it broke out powerfully, closing up 47.06%. This movement was great, not only because it was a major breakout for the company, closing out above prior resistance levels but also because the bulk of the penny stock exchange closed out in the red today. Very few companies posted any substantial gains and many of those that did were under circumstances involving relatively little trading volume. Today AFTC showed
Penny Stock Dream that it has what it takes to be a major breakout play and with the sudden surge beyond previous resistance points, the stock may be in the midst of a possible "blue skies breakout" pattern, which occurs when a move upward continues for a stock, after it has already broken previous resistance points. This essentially suggests that when there are no prior resistance points to be found in recent history, there is essentially a clear sky without notable resistance for the stock to surge upward into. Hopefully that will indeed be the case for AFTC (Alternative Fuel Technologies, Inc.). We highly suggest that all of our subscribers and followers keep a very close eye on what is to come with this company as the days wear on. We are excited by the possibility of a blue sky breakout now that previous resistance has been broken, especially considering that there may very well be further momentum to come, from those new penny stock investors that will come to realize the move that occurred for this promising stock today.
AFTC (Alternative Fuel Technologies, Inc.) surged upward on strong volume of 9.8 million shares. While this may not seem like a great deal of shares traded, it is very notable for this company, especially considering that it does not have a particularly large amount of shares in the float. With the previous resistance point broken today, volume increasing, online chatter about the company increasing, and stock scanner systems picking up on this top penny stock play,
Penny Stock Dream has decided that it may be of great interest to us to point this incredible alert out to our subscriber base and the general public alike. This is a very promising penny stock that deserves a further look, as things may be able to progress rapidly from here.
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