Technical Penny Stock Of The Day

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Penny Stock Of The Day: Pieridae Energy Limited

Penny Stock of the Day Key Metrics:

Last Updated: May 29, 2023

Penny Stock of the Day 30 Day Average Return

(18.50%)

Top 3 Penny Stock Gainers During Coverage Period:

• Elevation Oncology Inc.

Rose 95.68% From May 26, 2023

• Pure Energy Minerals

Rose 69.64% From May 09, 2023

• Champion Electric Metals Inc.

Rose 45.45% From May 17, 2023

% Of Companies That Have:

• Risen In Value Next Trading Day:

28.6%

• Traded Higher Than Pick Price After 7 Days:

81.0%

• Traded Higher Than Pick Price After 30 Days:

85.7%

In a long-only environment, there really are two ways to make money in the market (for the most part). The first way is to call bottoms correctly. Whether it’s determining the end of a multi-month or multi-year downtrend or just piling in at the bottom of an intermediate trading range, getting long after the stock has been beaten down over time can proof to be an effective strategy so long as the price reverts back to its mean.

Stock Facts:

Feature Date	June 22, 2022
BullishInvestor Rating	Bullish
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