USGT Up 11% Before Noon
USA Graphite (USGT) shares have continued to rally to new highs this morning on big volume as investors continue to get excited about the prospects for graphite and graphite products such as graphene.
Buyers overwhelmed resistance around the $0.75 level seen on the intraday, 1-minute chart yesterday right at the open. USGT opened at $0.755 and, as volume has picked up throughout the morning, the shares have not looked back
As we write this, the share price has rallied through the $0.80 mark and shares are now trading at $0.82, up nearly 10% during the first hour of trading. USGT is gathering momentum and is headed for $1.00—maybe as soon as this afternoon. Don't miss out on this exciting move. While other investors are losing money and sleep worrying about the fiscal cliff, you could be making a big profit with USGT!
Could We See $2
Looking at the daily chart, there is nothing to stop this rally from gathering strength. USGT is in a classic uptrend, defined by higher highs and higher lows. The shares have been stronger all week, hitting successive new highs every day.
Today's remarkable 10% move in the first hour of trading is going to attract the attention of momentum traders. These guys will get on board to grab a quick profit as USGT makes its move to $1.00. Don't miss out.If you want USGT for under $1.00, now might be you very last chance.
Happy Trading!
Disclaimer: http://lookpic.com/O/i2/881/OAqEplda.jpeg
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