Published on Apr 24, 2013 1:04 am
Trading picked up significantly for PUNL (Punchline Resources Ltd.) yesterday, as it closed the day up 47.62% due to significantly heightened interest coming into it from active penny stock investors. The movement that this penny stock has seen as of late, marks a significant breakout from the downward trend as of late, leading the
Penny Stock Dream platform to develop a significant interest in following along with this companies transformations as the days progress. Since the beginning of April, this stock had seen a swift decline, dropping astronomically but over the course of the past few trading days, has stabilized in a powerful way, leading many to suspect that the stock has already seen its bottom, while others would contest that the movement as of late, has been no more than a common bounce, often seen by stocks after steep declines. Regardless of what the situation may be here, things have changed significantly over these past few days, so
Penny Stock Dream has decided to keep a very close eye on this play as we track it in these coming days. There is no telling what may play out for this company from here on out but we do suggest that active traders keep PUNL (Punchline Resources Ltd.) on their radars to keep track of whether or not this is a simple bounce that may see steeper decline, or a true trend reversal that may continue a move upward. This really can go either way from here.
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