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Brian's Hang Out RSS Feed

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Share picks, ideas, strategies, and have fun. No fighting :) Sign Up for My Mailing List at http://www.BriansNewsletter.com or http://www.BriansPennyStockBlog.com My Latest Post Here are some of the stocks sent to me over the last couple days. These comments are all based on their charts. I do not know much about any of these companies. Do not buy or sell based on my comments. --- If you have any stocks you would like me to look at, email me at Brian@BriansPennyStockBlog.com, you must be a newsletter subscriber though! (it's free) My favorite two stocks out of these are SGN and BDGR. ----------- SGN - Signalife - AMEX - $.41 My favorite pick out of all the stocks sent to me. If you look at the chart, it clearly found a bottom at .34 for several days. Then Friday it bounced off and shot up to close up 12%. I may get in this one soon. If you look at the MACD, you can see it clearly uptrending even on the down days. I wish I would have seen this before. Congrats to the reader who found this one :) ----------- BDGR - Black Dragon Resource Company, Inc - PINK - $.046 BDGR had a great day on Friday, up 15%. I would look for a break of the 5 and 10EMA valued at .046 and .047 respectively. I may get in on a break of .047. The next resistance after .047 is .05. If it breaks .05 this may be heading up fast. I do not want to see any closes below the 100 EMA (.042). ----------- COPI - Compliance Systems Corp - OTCBB - $.016 COPI has a decent looking chart. It looks like it may be turning around right now, but since February the stock has been in an overall decline. A rough drawing of the trend line makes me believe that the highest it will go in the next week or so is $.023. In my opinion this could be a good flip play. ----------- AVWI - Actionview - OTCBB - $.0017 AVWI's chart makes me believe that it may break up or down very soon (a break as in a strong gain or strong decline). The .0014 support is very important, but the lower and lower highs makes be believe that it may break soon (a small descending triangle). The one thing I do like though is that the RSI 14 is bouncing off the 50 line and the RSI 5 is about to cross it. ----------- PNHL - Planet Nutrition Holdings - PINK - $.0006 PNHL is in a very sticky situation. The stock is in a bearish descending triangle. The break of the .0006 support a couple days ago confirms this. The new support is at .0005 and if this breaks, look for a quick test of .0003. ----------- GLGT - Global General Technology - PINK - $.038 GLGT is a reverse merger play from what I've been hearing. I do not know anything about this, but for those of you interested, I suggest doing some further interest. The %R and Full Sto do not have much room to move up right now. The one thing I really like about the chart is the long uptrend in accumulation. ----------- IWEB - IceWEB - OTCBB - $.39 If I recall correctly, IWEB was pumped recently (around May 12th). You can see the huge spike in volume with a HUGE decrease in accumulation. Not a good sign. That is clear evidence of a pump and dump in my opinion. Remember, I do not know anything about the company, so it just may be an exception. ----------- TGC - Tengasco - AMEX - $1.31 TGC is a perfect example of the 50% Rule. It started running around $.80, went to $1.65, and found support yesterday at $1.20. If this support fails, look for support at $1.11. Overall, the chart still looks like it needs to pullback. ----------- AFT - Axesstel - AMEX - $.81 AFT closed Friday with a bearish candle. Most of the indicators are overbought and may need to come back down soon. If you are in AFT, we would sell on a break of the 5EMA valued at .75. A simple glance at the chart and you can see it has had support here for about 10 trading days.
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