$TCPS Today Next Leg UP ~ Dip n' Rip time from yesterday's profit taking ~ perfect entry...
TechnoConcepts, Inc. (TCPS) saw a monster run beginning on Friday, July 19th with the release of the first of 11 new filings. TCPS climbed from an incredible $0.0072 to $0.052 in two days. That’s over 622% gains in two days! TCPS was also uplisted on OTC Markets from “Caveat Emptor” or buy beware (skull & cross bones) to “Limited Information.” This is also huge for the company.
Today we saw a pretty big pull-back: the penny stock closed at $.0252 down 44%. In our opinion this is the perfect time to buy – dip and rip! Many traders simply took profits today, however, many traders are still holding strong as indicated by the Accumulation/Distribution on the chart above.
There were 11 filings and disclosures posted to OTC Markets over the weekend. You can view the filings here . We believe there is still a lot of room for this stock to run and that this is just the beginning. We would not be shocked if this penny stock hit a dime over the next couple of days.
TCPS is still very liquid. Today, 433 trades were executed while almost 9 million shares changed hands. Tomorrow we believe the news and filing fueled run will kick back into high gear and TCPS may quite easily see another 100%+ run. Perfect entry if you missed the first run.
