Being undercap and trying to look at stocks that have the most potential to move quickly, what price ranges do you guys recommend?
I have currently been scanning on stocks between 1$ and 10$ as i feel stocks that are at a higher price generally will move slowly and are not going move enough in the short term to aid me in increasing my measly 6k intial investment.
Stocks below 1$ i feel are just to speculative and to risky for me at this time.
I have found quite a few stocks within the $1-$10 that seem to range quite a bit within channels but still in a long term up trend and these have been the ones up until now that i have been focussing on.
Do you think this is a sensible approach for someone with only a small amount to start with or should i be looking in other areas?