Penny Stock Ecoland International, Inc. (OTCBB: ECIT.OB) keeps hitting the nail on the head with its most recent announcement. ECIT broke the $1 level yesterday and never stopped.
ECIT closing price yesterday was $1.08, up 30.12% (+0.25).
ECIT traded volume of 7,446,297.
ECIT is trading:
- $0.77 above its 20 day moving average,
- $0.60 above its 10 day moving average and
- $0.37 above its 5 day moving average.
D & R Technology a now wholly owned subsidiary of Ecoland International, Inc., announced today that JUDO Water Treatment Inc. has signed a letter of intent that exclusively contracts the company to manufacture and install custom-built, advanced water treatment systems and equipment to industrial end-users in the United States and Canada.
This should facilitate securing contracts from Canadian government agencies and international markets. The objective of this agreement is to manufacture JUDO’s more complex water treatment systems for domestic and global markets such as India, Africa, Central and South America and Caribbean.
Particular attention would be placed on northern areas of Canada that have challenging water conditions for First Nations communities.
ECIT.OB is a “MUST ADD” to watch lists and has been on an incredible run for the last 10 days.
“Be fearful when others are greedy, and be greedy when others are fearful.” – Warren Buffett
If you really want to make some considerable profits from the stock market, it is possible to make a considerable amount of money on penny stock trading. When you find the right penny stock to buy, knowing when to buy and sell is the second most important tool to maximizing your profits.
Being technical, analytical or just flat-out greedy when trading penny stocks is the easiest way to limit profits and, sometimes, even lose your entire investment. You need to have a strong and strict strategy to achieve your goal of maximizing profits while minimizing risks in penny stocks.
Listed below are a few of the many points each and every penny stock investor needs to discover.
- Do your own research.
- Trade Responsibly.
- Verify everything.
- Move Fast or Get Left Behind.
- Do not use market orders to enter a position, use limit orders.
- Have a System That fits You.
- If a Stock Gaps Open, Look for Pullbacks to Enter.
- Plan a Trade and Trade a Plan.
- Always use stop loss orders to protect yourself.
- Positive Self- Belief.
- Keep trading as Part of a Balanced life.
- If a stock breaks below our alert price GET OUT. Do not wait.
- View Trading as a Score in Points and Not In Money:
- Always take your profits whenever you can. Do Not Be Greedy.
- Work Hard at Learning How to Trade Properly and Keep Working.
- Do something to make someone else’s life better today.
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