Ameriserv Financial Inc (NASDAQ: ASRV) is a small cap stock with low
volume action. We typically stay away from low volume stocks, but this is at
least worth noting. Being that ASRV is a low dollar stock, currently trading at
4.97, small
moves translate into nice percentage gains. ASRV
is currently sitting on a 45 degree up trendline that is tends to bounce off of
nicely. A 10 cent pop is not unrealistic, and would equate to a 2% profit. I'll
take that in a couple days with no complaints at all.
P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time.
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