Advanced StrategiesUnderstanding Penny Stocks by Peter Leeds
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Advanced Technical Analysis
I do not agree with advanced technical analysis (TA) as it applies to penny stocks.
We use proprietary TA techniques with penny stocks, called Leeds Analysis, and suggest that you use this technique as well.
More advanced TA is unproven even for larger, more heavily traded stocks, and when applied to thinly traded issues like penny stocks, the methodologies are useless and misleading.