Dear Friends,
This is really a penny stock play. BLUMONT. It sure looks tasty to me at $0.20, a strong support may have shown.
Accumulation may have started yesterday. Let us see....
Now $0.215. A good risk reward play, stop loss at $0.18, profit target at $0.27 - $0.30.
Since it is so penny, strong stop loss is needed just below support.
Regards
Daniel
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