RZLT Biotechnology Penny Stock Reports in the next day LONGRZLT is a biotechnology company which has products in clinical development. Many are aware that means rigorous clinical trials before an FDA approval and a product line that generates earnings. Stock price is more about growth and potential more than anything else. That
said the chart looks good and I sense there is momentum heading into earnings in the next day
so this is a buy for me. I can see that price broke above a recent supply/resistance zone. This
penny stock likely cannot be shorted so there is no selling pressure to be exerted until present
longs have found their target. This can add to the momentum without the drag of that short selling. A penny here and a penny there it all adds up over time especially with compounding in active trading with penny stocks that have great range.
