Good morning everybody!  Last night I sent out the lithium powered, vanadium infused FLPC - First Liberty Power Corp, as my newest alert.  Don't hit the snooze button on this one!

 

 

Overall FLPC has been trading very strongly, and just broke above their 20 day moving average.

 

They also released positive news Tuesday, which likely caused the huge quick day trading gains.  

 

If history repeats itself, more positive news from FLPC could get those who already own FLPC another big and quick reward.

 

 

We saw what positive news did for FLPC on Tuesday...50% gains. 

 

Many companies release their positive news releases within days of one another in order to generate excitement, investor interest, etc.  Look at FLPC's past news headlines, the last time they released news that was similar to this was May 28, 2010.  They also released positive news May 27th and 25th.  This shows that last time FLPC announced good news, they did three back to back news releases.

 

If FLPC announces more news, like they did back in May, we may see shares of FLPC go through the roof again.  We are still quite a long way from the 52 week high on FLPC, so there is plenty of potential upside if more momentum comes FLPC's way.

 

Today is an opportunity to be in on FLPC early, in case anything good happens very soon.

 

Now I have no idea if FLPC will release news or not, it's certainly possible they won't.  However back in May they did three news releases in a row, so it's not such a crazy idea to think that they could do it again.

 

May 24th, pre-news, FLPC was 86 cents.  May 28th once all three news releases came out, FLPC closed at $1.02.  Two trading days later FLPC hit a high of $1.07.  News definitely has a pattern of moving FLPC upwards quickly.

 

This time the gains from FLPC's good news were much stronger than back in May, which is a really good sign.  FLPC is currently much cheaper than it was back in May, so that means gains may happen faster.  It means there is more room for growth.

 

If FLPC heads back to its 52 week high, that would be a gain of over 100% from its current price.

 

Trust me keep your eyes on FLPC, we may see very good things from them in the near future.  Utilize safe trading just in case

 

Speaking of safe trading, what's the strategy on this one?

 

As usual, any strategy given is merely the biased opinion of an unlicensed amateur.  Seek professional advice, do not trade based on anything I say.

 

First of all, you've got to check out FLPC for day trading.  It has had fantastic up and down volatility lately and has offered day traders the chance to make quick gains buying and selling within 5 minutes to an hour or more.  Just yesterday FLPC bounced around like a ping pong ball, allowing sharp traders to buy at 43 cents and sell at 48 cents multiple times, as well as capture many other smaller gains.

 

Besides that, I think we have a solid momentum play in FLPC.  You could think about holding for the immediate to mid term...in other words a few days to a few weeks.

 

FLPC just rose above their 20 day moving average, which is a pretty strong indicator that momentum is behind them and is likely to continue for at least a little while longer.

 

The low of the day yesterday was 43 cents, and we want to play the momentum on FLPC.  We don't want to see the momentum fade.  If we see it continue, we should all be in for some delicious profits.

 

I think putting your stop around 42 cents will protect us well, that's just below yesterday's low.  If FLPC gaps up a lot at the open, you can tighten the stop to make sure you don't risk too much money.

 

No matter what happens with FLPC's momentum, if FLPC is up or down, be on the lookout for big day trading gains all day long from the open until the close.  Any dips in price could be a chance to pick up some shares of FLPC cheaply, and play a possible quick bounce back.

 

I believe the momentum behind FLPC is going to continue and we could see another healthy gain from FLPC at the end of the day today. If we see positive news we may capture another really gigantic profit. 

 

Coffee up and let's ride the FLPC express

Talk to you later,

 

The Trader

Don't invest based on what I say, do your own research and consult with a licensed professional before investing, only invest what you can afford to lose.