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PENNY STOCK HIGHLIGHT: ILUS

If you’ve been with me for a while, you know that I’ve declared that it’s open season for clean energy and electric vehicle stocks.

Well, it’s time to face the music – I was right.

Now is the time to trade clean energy, and this rings true for the sector’s smallest over-the-counter companies as well.

For example, Ilustrato Pictures International Inc (OTCMKTS: ILUS).

I first added ILUS to my watchlist when it shot through to $0.20, and then even higher to the $0.50 level.

After a short pullback, right now shares are preparing to surge to higher prices.

LET’S GET TECHNICAL

Volume is starting to roll a little higher.

That’s because from a technical perspective, the drop down to $0.40 is attracting some buyers. But I’ve got my sights on the pending break above the top Bollinger band as a catalyst for the next round of buying to truly kick off.

Not to mention, the 20-day moving average just shifted back into a bullish trend and the 50-day is signalling longer-term momentum.

All the boxes are being checked off.

ACTION TO TAKE

Buy ILUS for a limit of $0.41. Add a 7% trailing stop when the stock hits $0.50.

A short-term target of $0.50 is set and that’s where we will add a 7% trailing stop-loss to the trade to lock in profits.

The charts are suggesting that a break through that price will see another pop in share prices.

Of course, the over-the-counter market isn’t the only place to hunt for clean energy profits.

The Nasdaq and New York Stock Exchange are filled with even more opportunities in this sector.

In my Night Trader trading research service, I show you all the best clean energy trades that I see in the broader market, click here to learn more about how Night Trader works.

Until next time,


Chris Johnson


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