Good Afternoon Members, SNET seems to be giving us an amazing entry point now that you should consider and capitalize on. Keep in mind one of the most important rules in ALL small cap plays being this.
A Great Trader Is Someone Who Will Identify Low Entry Points And Capitalize On Them Remember, This Is Not Hollywood; The volume is about 300K shares and it`s only a matter of time before a major breakout could occur.
I wish life could be easier on all accounts and that we could have the perfect scenario for every play but that`s not always the case.
Don`t be fooled as many others often chase plays on the way up as this looks to be the perfect scenario being low priced right now.
Most important, we still have many hours of trading ahead of us in today`s session.
Get on it right now while its price tag is still affordable and benefit from a good exit strategy.
Adapting To The Day Is A Key Part Of The Successful Trading Process Volume is picking up and more and more investors and traders alike are getting involved. We are looking at a key moment of the day and greater momentum is to be anticipated as we head into the afternoon session just ahead.
If you did not get my full report on SNET, please review it below now:
Bottomline is this: SNET must be on top of your radar! ► Our One-Cent Low Float Alert is:
► SourcingLink, Inc. – Ticker: SNET SNET: A Previous Winner Looks to Provide More Gains! 1. The Eldor Project is potentially the biggest exploration in Canada for rare earths. Now add the asset of assigning a new president less than a month ago to manage the charge forward. This fact is a massive driving force for the company. Think going for the Gold! 2. SNET`s trading price is miles away from the company`s intrinsic value. The strong news surrounding Eldor will change that. Expect a northward upgrade for market valuation.
3. SNET is conducting its geological work on Eldor at the right time. Rare earths prices are on the move and stockpiling in China is expected to cause serious pressure buildup for even higher prices.
Did You Know – Canada is the Next Big Market for Rare Earth Elements. SNET to Benefit Canadian exploration companies are targeting scores of rare earth projects around the world and with help from the federal government are making a go at loosening the grip China has had on the industry for the past decade or more.
Canada.com reports Canada`s parliament recently launched a new study of the country`s REE industry while a new industry group called Canadian Rare Earth Elements Network, established in cooperation with Natural Resources Canada, is working to have government to set aside funding for research and development in the 2014 federal budget:
“Canada is poised to capitalize on extracting rare earth elements”, say briefing notes prepared for Natural Resources Minister Joe Oliver as part of last summer`s cabinet shuffle. “Rare earth elements (REE) have been categorized by the government as being critical to Canada`s economy,” say the briefing notes, titled “Secret” and obtained by “Postmedia News under access to information legislation.” Canadian industry want to secure 20% of global supply by 2018. At the moment China produces some 90% of the world`s rare earths – used in a variety of industries including green technology, defense systems and consumer electronics – and imposes export quotas.
That reignited interest in the sector with dozens of explorers active around the globe making major discoveries from Canada and Greenland to Madagascar and Malawi.
– The mass production of miniaturized electronics and associated devices. (Market to grow at a CAGR of 20.6 percent over the period 2014-2018) – Advanced weapons systems and platforms for national defense. (Grow at a CAGR of 8.39 percent over the period 2014-2018) – The generation of electricity using `alternative` sources such as solar panels and wind turbines. (Set To Grow To 155B dlrs In 2018 …) – The storage of electricity using cells and batteries.
*** The SNET Float Is Just Over 300K, A low Float = A Lot Of Action ***
http://clicks.aweber.com/y/ct/l=4k3kt&mWnCDkmWn976pl&b=NPBQsmJBZfpMeSyiE1VDKA I use many indicators to calculate the potential movement of a play. However you need to know how to do it because if you rely only on one of them you are going to set yourself in a very bad position.
One indicator is not enough but combining those indicators into one winning recipe is my strategy.
SNET indicator #1: RSI – Located @ A Soft Breaking Point. This means there are a lot of chances that this baby will be heading towards it`s overbought area so getting on it now before this happens could be very beneficial for you.
SNET indicator #3: Golden Cross – The Golden Cross is when the short term indicators are higher than the long-term ones. Again, looking at the chart we can see that a Golden Cross happened a couple of days ago and it`s only a matter of time before the huge breakout occurs.
SNET indicator #4: MACD – Under Zero Line. A bullish cross up could be expected.
You KNOW you need this one. You are going to act fast because at this level I can`t assure that SNET will stay at these prices for much longer.
I hope you are going to be ready early and make sure you start your own research right away! The Crew Chief www.StockRunway.com info@StockRunway.com Copyright 2010 StockRunway.com All Rights Reserved. Protected by copyright laws of the United States and international treaties.
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