Fellow Investors,
USA Graphite (USGT) remains in a strong uptrend and is ready to bounce off the 7 day simple moving average. Even though the shares are down slightly on the day, price action was positive as buying by investors absorbed all of the selling from traders taking profit.
Buyers who believe in the outlook for USUSGT Bounce Alert - Put it on Your Screen TodayGT's graphite mining properties continued to support the share price throughout the day. USA Graphite is up more than 47% since the shares broke out of a wedge pattern on the daily chart back on December 24. Until today, the price had risen nine out of the past ten trading sessions.
Frankly, if we didn't see a pause in the rally today, there was a good chance that the USGT share price would have become overheated.
USGT
is giving investors another chance to get in before the price crosses the $1.00 threshold on its way to $2.00 or even higher. Don't miss out on your chance to get in before the rally resumes.
The Consumer Electronics Show is currently on in Las Vegas, highlighting new electronic gadgets that will be in stores over the next few months. Some of the items garnering attention are so-called "bendy" phones with flexible, unbreakable screens.
These are not made of graphiteyet. But in the next few years, graphene-based bendable, foldable paper-thin screens are likely to be shown at CES and they should create a sensation.
That is the future for USGT and its graphite properties.
That is why investors are continuing to buy USGT shares, foiling the profit-takers. That is why you should take advantage of today's pause to get into USGT below $1.00 while you still can.
Happy Trading!
Disclaimer: http://lookpic.com/O/i2/840/hthUp41i.jpeg
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