Fellow Investors,
USA Graphite (USGT) finished higher after bouncing off of support several times throughout the day! Investors continued to support the shares all day, absorbing several waves of selling and pushing the share price higher.
In fact, buying support has been so strong that it hints at institutional buyers or buying from the industry. There were several attempts to knock the share price lower during the day but, each and every time, buyers absorbed the selling and kept on buying.
USGT
is in a classic uptrend with higher highs and higher lows being hit each day. Today is the fourth consecutive day that USGT has closed at a new high and the pace of buying is accelerating as the share price gathers momentum.
Today may be your last chance to buy USGT below $1.00. Investors buying USGT for its graphite mining prospects and momentum traders just looking for a quick profit will be attracted to USGT's chart, which is fantastic. There is nothing on the chart to stop the shares from surging past $1.00 to $2.00 and beyond.
Demand for graphite and its derivative products, graphene, graphane and graphyne is expected to take off as electronics companies begin to develop new products including foldable, bendable smartphones, transparent, paper thin television screens and batteries that can be charged in an instant.
At the Consumer Electronics Show (CES) in Las Vegas, Samsung, one of the leaders in graphene research, showed off some of its flexible display products. You can see them here: http://www.cnet.com/8301-32254_1-20027707-283.html
Another interesting, flexible screen product by PaperLogic can be seen here: http://news.consumerreports.org/electronics/2013/01/ces-2013-plasticlogics-bendy-papertab-concept-brings-future-displays-a-bit-closer.html
These prototypes do not use graphene but the next generation of these flexible screens probably will.
USGT aims to be America's biggest supplier of natural flake graphite, which is the source of all of these amazing new materials. Don't miss out on your chance to get in on USGT while it is still under a buck. USGT could be at $2.00 before you know it.
Happy Trading!
Disclaimer: http://liolink.com/images/2013/01/03/a8i0F.jpg
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