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Trading SNWT today was pure joy

Investor Soup   (Wednesday, March 10, 2010 5:15 PM EST)

Trading SNWT today was pure joy

Trading SNWT Today was Fun—Especially Since it Made Us a Great Deal of
Money!

Good Afternoon!

What a great "first day" for all of us with SNWT--at it`s intraday
high it was up a stunning 38%!

And I did say "first day" for a reason...

SNWT still has a great chart—which could point to more gains over the
next few days.

The MACD is strengthening and I would expect it to cross the signal
line and turn strongly bullish if this rally continues. 

The stochastics are just now emerging from oversold status and could
run further.

And the chart also shows that the next resistance levels are at 16
cents and then 20 cents--and if this rally strengthens, I could see
SNWT hitting both!

More SNWT news hitting the wires!

Today SNWT issued a press release about their hottest web property,
www.CountyImports.com. They`re trumpeting some significant key
business metrics. It appears their advertising efforts are paying off!


Read full release here

CEO Drechsler said:

"The website already attracts more than 60,000 visitors per month, a
figure that we expect to grow to approximately 135,000 over the
near-term as we continue to optimize our website and our marketing
strategies."

Good news and a great chart

could move SNWT still higher!

Bottom Line: SNWT has been a STRONG trade today—and it could continue
its run.

As always, keep a tight stop on it and make sure that you take profits
when the opportunity presents itself.

Have a great trading day tomorrow and look for more alerts next week.

Trade like you mean it!

Jeffrey Dean

Editor-in-Chief

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