| | Fellow Investor, USA Graphite (USGT) is quickly becoming our favorite pick. There is a massive upside and strong support which makes us very excited for the near term gains This week looks to be like last with profit-taking early in the week followed by a massive rally towards the end of the week. Today the shares held onto higher support throughout the day as volume moderated. The uptrend is still intact as the shares finished the day at $0.60. The shares are getting ready for the next leg higher as we move through $0.70 and $1.00 on the way to $2.00. The market is giving you a great opportunity to get on board. Dont miss out! Looking at the intraday chart, the shares have a solid floor at the $0.59 to $0.60 level. This was tested numerous times throughout the afternoon and held each and every time. Price Pattern Forms a Wedge Going back to the daily chart for a moment, we can see that the latest price action has formed a wedge You can see this yourself if you draw a trend line from the high on Monday December 10 through the high on Monday December 17 and then another trend line from the low on Tuesday December 11, through the low on Thursday December 13 and the low today, Tuesday December 18. Given the rising trend line connecting the lows, USGT looks like it will break out above the wedge pattern tomorrow. If the shares close at a price of $0.66 or higher, we will be off to the races. Tomorrow may be your last chance to get USGT shares for less than $0.70. Dont hesitate! Solid Fundamentals Support Share Price USGT is Americas ONLY supplier of natural flake graphitethe building block for the technological marvels of the 21st century. As USGT develops its graphite properties in the American southwest, the United States will no longer be beholden to China for its supply of this vital strategic mineral. You have a great chart and a great company that is likely to be the sole American supplier of a vital strategic material. What are you waiting for? You nmay not get another chance to buy USGT below $0.70. Disclaimer: http://www.imagetoo.com/images/hottescxc.jpg | |
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