pennie picks I think will go up...they are scary to trade so I don't have a position yet, I'm watching and waiting for volume: CHFS, and PHUN. This is called bottom hunting. It's different than catching a falling knife but some say just as dangerous. Do the technical analysis, and some fundamental analysis to understand if the bottom is real, if not move on...but overall volume moves intraday pricing...no volume, no movement, and no liquidity. Liquidity is important because you have to sell it to someone.