A general upward trend led to higher share prices at all levels of capitalization in January, generating a favorable wind for penny shares. Big Tech and Blue Chips posted the best monthly results, with recent tax laws generating additional rocket fuel. Nonetheless, the Russell 2000 Small Cap Index reached an all-time high and continues to strengthen at the end of the month, increasing the likelihood of higher prices in the first quarter.
The positive seasonality of small caps will continue in March, with components likely to reach their best returns in 2018. Penny stocks should benefit from this very favorable environment and break with the multi-exposure model that characterizes the price movement of this market. group since mid-2017. Despite these favorable conditions, a rigorous selection of securities is necessary, with sharp increases in other levels of capitalization competing for speculative attention.
The blockchain equity games took a break in January, consolidating after an impressive fourth quarter. Many of these problems are approaching a significant level of support that should increase purchasing power, which would lead to strong rebounds that could test the 2017 highs. Price promotions near EMAs of 50 and 200 days should offer the most rewarding reward: the risk of playing on these highly volatile topics that require aggressive risk management.
Watch penny stocks
1. Viking Therapeutics, Inc. (VKTX)
VKTX
Viking Therapeutics Inc
5.31
0.00%
)
Viking Therapeutics, Inc. (VKTX)
VKTX
Viking Therapeutics Inc
5.31
0.00%
) was published on the national stock exchanges in April 2015, opened at $ 8.50 and reached a record high of $ 10.23 a few sessions later. The subsequent downward trend continued in the second half of 2017, bringing the price down to its lowest level of 88 cents. In September, it crossed a trend line with lows and reached a bullish trend that peaked in December 2015 at $ 5.19 on January 9, 2017. A break above this level could trigger interest. major buyer and increase the stock above $ 8.00.
Source
The positive seasonality of small caps will continue in March, with components likely to reach their best returns in 2018. Penny stocks should benefit from this very favorable environment and break with the multi-exposure model that characterizes the price movement of this market. group since mid-2017. Despite these favorable conditions, a rigorous selection of securities is necessary, with sharp increases in other levels of capitalization competing for speculative attention.
The blockchain equity games took a break in January, consolidating after an impressive fourth quarter. Many of these problems are approaching a significant level of support that should increase purchasing power, which would lead to strong rebounds that could test the 2017 highs. Price promotions near EMAs of 50 and 200 days should offer the most rewarding reward: the risk of playing on these highly volatile topics that require aggressive risk management.
Watch penny stocks
1. Viking Therapeutics, Inc. (VKTX)
VKTX
Viking Therapeutics Inc
5.31
0.00%
)
Viking Therapeutics, Inc. (VKTX)
VKTX
Viking Therapeutics Inc
5.31
0.00%
) was published on the national stock exchanges in April 2015, opened at $ 8.50 and reached a record high of $ 10.23 a few sessions later. The subsequent downward trend continued in the second half of 2017, bringing the price down to its lowest level of 88 cents. In September, it crossed a trend line with lows and reached a bullish trend that peaked in December 2015 at $ 5.19 on January 9, 2017. A break above this level could trigger interest. major buyer and increase the stock above $ 8.00.
Source
