We alerted you to Plandai Biotechnology, Inc (PLPL) this morning, and so far so good.
PLPL is trading up 5% as I write this email, but was up as much as 7% in the day.
Volume is good, and the supporting bids in PLPL are very strong – which signals pent up demand.
The bullish chart formation is still very much intact with the flag narrowing its range.
We think a breakout is imminent. As you can see on the chart below, a break to the upside through $0.55 will see $0.60 tested. If it can break through this level, the sky is literally the limit.
But the key is to buy before this breakout – in expectation of it, in order to maximize gains and minimize risk.
And there is a great story behind PLPL, the Company, too. If you missed my email this morning, make sure to check it out (I’ve included it below)
I will keep you updated on any new developments on PLPL.
I’ve found a few good potential trades, but one that really stands out.
Plandai Biotechnology, Inc (PLPL)
PLPL has had a nice run in the past couple months, but the biggest move is about to come soon.
We are in a bull market folks. Stocks are running big. 1,000%+ gains are common now.
Do you want some of these gains?
PLPL has an explosive chart in progress. Take a look below. It has had a solid run thus far, but it has not finished yet.
The chart is "flagging" right now. A flag is a very bullish chart pattern that signals to technical traders that buying demand and selling pressure is in equilibrium after a strong run higher. Usually, a flagging chart is proceeded by a big run higher, often times a parabolic surge.
It is clear that the recent trading range is tight. Support looks to be around $0.48, with resistance around $0.53. A break higher out of this flag formation will mean big gains for PLPL buyers.
The point here is that we must be a buyer of PLPL while its trading in this range, before the inevitable run higher.
This may be a multi-day or multi-week event, not a quick one day play.
PLPL is more than just a chart.
Investors have been excited about PLPL for a while now. And it’s no wonder why, take a look at some of the recent press on PLPL.
MicrosoftInternetExplorer4Plandai Biotechnology (PLPL) intends to
This Seattle based biotechnology firm uses a
PLPL controls every aspect of the process, from growing
What is Phytofare(TM)?
The company’s patented hydrodynamic sheering process through
In short, Plandaí takes the
According to the Company, PLPL will look to
Addressing a number of the
most talked about areas in the industry, these extracts will look to offer
preventative and inhibitive options for: cancer prevention, anti-viral
protection, anti-inflammation, antioxidants, weight loss, high blood pressure,
and sports injury recovery.
We think a look at PLPL at these levels is a must, in anticipation another strong leg higher.
Remember the general rule. Each move higher is usually stronger than the prior move.
The next run higher in PLPL, should be bigger than the 200%+ run it made a few weeks ago.
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