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People were expecting to see a strong open in PCBC but even people did a double take when people saw the opening price of $1.02. The fact that the price hit a high of $1.38 is an indication of just how undervalued this stock is. Moving forward, people think there is a high probability of the price falling in the near-term. People recommended investors buy this stock at $0.75 on Monday, which represents a gain of $84%.In these market conditions that profit will be too attractive to pass up.
LEHMQ has presented us with another opportunity to make some profits. The stock sold off sharply on Friday and closed below our key area of $0.07. However the drop created some buying pressure on Monday as investors regained most of the lost territory. A strong open could help to attract investors and drive this stock past resistance at $0.08.
People are also jumping on ADLS and hope to capitalize on growing momentum. This stock made some major gains on Monday and although it dropped from its high, it still closed in positive territory at its resistance point of $0.045. During Monday’s session, ADLS hit a high of $0.053 but investors used that as an opportunity to take some profits and yesterday’s closing price represented a second chance for a good entry point. Investors should expect to see a strong open this morning.
CHTL last week this stock was under strong selling pressure but on Friday, people saws signs that buyers were coming back into the marketplace. On Monday there was some follow through buying as it hit a high of $0.378. This would be a good buy area as volume supports another drive higher in the near-term.
On Monday people received a buy signal when CBIS broke above $0.07 on good volume. People are now expecting this stock to test resistance at $0.12. Look for some selling pressure in the morning but as volume picks up the price should start to move higher by the afternoon.
Monday’s open for EVSO offered a great exit opportunity for our traders. The stock gapped higher and opened at its resistance point of $0.08. People pointed out that the stock was struggling to make gains and recommended investors look for selling opportunities.
On Friday, CRBC gapped significantly higher and rallied to $0.99. There was more buying on Monday at the open and the stock rallied to a high of $1.02. That is a gain of 34%. CRBC managed to close above support at $0.95 but volume remains fairly low so people would not be surprised if people saw some strong selling today as investors take their profits.
ABK is another stock people like as a long-term trade and it is rewarding us handsomely. People recommended members buy shares when the price was holding support at $0.65. On Monday the price broke through strong resistance at $0.80 and closed at $0.86. The next major barrier for this stock is at $0.90.
PARD was waiting for the price to break $0.61 on strong volume and people received that signal on Monday when it hit a session high of $0.62. PARD ended the day just off its high at $0.61. There is some minor resistance at $0.65/$0.66 but a break of this barrier should lead to some significant gains.
SILA has made some very strong gains in the last few sessions and that momentum could propel it even higher. Volume remains very strong but there are signs that the selling pressure is starting to build. Although SILA closed at its high of $1.16, it struggled throughout the session to reach that price. The stock could reach $1.20 but that will represent a very strong sell point for a lot of investors.
AEHI is one stock people thought could move higher and people were proven right. Although the stock hit some selling pressure at the open, the price quickly recovered and broke through short-term resistance at $0.60.
PCBC price has traded in a fairly tight range and last week was testing resistance at $0.75. People alerted our members to watch for a break of that level. Monday morning just after the open people received our trade signal and the stock quickly shot higher. The trend remained strong throughout the day and the stock closed at $0.878, which was extremely close to its session high of $0.885.
People continue to watch PARD and wait for a good buying opportunity. The stock has been stuck in a range, with support at $0.50 and resistance at $0.61. If people see some follow through buying this morning, it might signal a sustained break above $0.61.
People have a second chance for profits in ESLR. As people pointed out the stock has held good support at $0.65 and people used that as an opportunity to load up again. On Friday, the stock hit a high of $0.71 and if volume remains strong, it should touch resistance at $0.75. Look for another strong open this morning.
People are looking for opportunities to exit the rest of our position in EVSO. People jumped on this stock on Wednesday when it closed at $0.065. On Friday the stock broke resistance at $0.080 and investors used that as an opportunity to take some profits. The price action on Friday could highlight further weakness in the near-term. Although the stock closed in neutral territory, strong selling pressure caused it to drop to a session low of $0.061. People could see some limited buying in the morning but people would use that as an opportunity to exit more of our position.
As people have pointed out many times, it’s important to take your profits when you can. LEHMQ is another great example of this lesson. People jumped on this stock on Wednesday when it broke $0.07 and people managed to take some profits on Thursday as it rallied to a high of $0.078. On Friday, the stock hit a high of $0.0769, which was another good point to take profits. It was unable to maintain the momentum and the selling pressure caused it to break below support at $0.07. People are expecting to see further weakness in the near-term.
People managed to make some strong profits in IMGG but the price action on Friday could highlight more weakness in the short-term. The stock rallied to a high of $0.365, which was above our price target of $0.35. After hitting the high a lot of investors took their profits off the table. Although IMGG ended the session in positive territory it gave up a lot of gains. A positive open on strong volume could trigger another rally but people are looking for opportunities to decrease our position.
SILA has also been a great trade for us and its rally on Friday is an indication that prices should continue to move higher. People jumped on this trade on Wednesday when it hit a low of $0.75. A break above $1.10 should lead to a test of the next resistance level of $1.20. This stock is still being promoted so that will help to attract new investors.
AEHI jumped into this trade on Thursday when the stock broke $0.50 on heavy volume. On Friday, the price hit some resistance at $0.59 but if volume remains strong people are expecting to see a break of $0.60.
People are out of our position in SFMI for now as the stock hit our price target of $0.175. In fact on Friday, the stock hit a high of $0.18. That is a gain of 38%. SFMI hit some selling pressure by the end of the day as investors like us took their profits off the table. People are expecting to see more weakness in the near-term.
EVSO provided us with some quick gains on Thursday. We said that it was due for a bounce and we were not wrong. We received our buy signal at the open on Thursday at $0.065 and rode it to its high of $0.0823. That is a gain of almost 27% in just a few hours. Volume remains strong on this stock so we could see more follow through buying this morning but there is strong resistance around $0.08.
ESLR after making some recent profits. We pointed out earlier in the week that the price continues to hold support at $0.65, which was our original entry point. On Thursday, the stock hit a high of $0.709. It held on to most of its gains and closed in positive territory, which is an indication that this stock should reach its recent high of $0.75.
SFMI has made some very decent gains recently and because of the economic turmoil, appears to be oversold. We’ve been watching to see if $0.125 would hold as a support point and we received our buy signal Thursday at the open. The stock opened at $0.1320 and the strong momentum helped push it to a high of $0.1679. That is a gain of 27% in one session. If volume continues to grow, the price should easily break resistance at $0.175.
PCBC is showing some very positive price action and if momentum continues to build, we should see a break of $0.75 very soon. Volume will be the important factor to watch in this trade. The stock will have to generate a lot of activity to have a confirmed break above $0.75. If the price does move above this area, the next major resistance point is $1.00.
SILA up on Wednesday when it was trading at its low of $0.75. On Thursday, the price hit a high of $1.00 which was a gain of 33%. Not bad for holding a stock just one day! Volume is starting to weaken but the fact that SILA was able to close near its session high should provide some momentum at the open.
IMGG gapped higher Thursday morning and although it was unable to break above Wednesday’s high, we did have a chance to take more profits at $0.31. The fact that IMGG closed at its high is an indication that we should see at least one more push up.
ABK is also providing us with profits. We picked up this stock when it was holding strong support at $0.65 and on Thursday the stock rallied to a high of $0.78. That is a gain of 13% and we think it is only the beginning. ABK is generating some good volume and we think this momentum will lead to another strong push today.
LEHMQ was the exciting trade on Thursday. Wednesday’s price action triggered our trade at $0.07 and there was some follow through buying on Thursday. We took some profits at its intra-day high at $0.078 but we think LEHMQ has potential to break resistance at $0.08 in the short-term.
LBSR is poised to resume its uptrend after a two-week consolidation period. On Wednesday, the stock rallied from a low of $0.013 and closed in positive territory at $0.0185. There was some follow through buying on Thursday as the stock opened at its previous close and then rallied to a high of $0.0225. There could be some minor resistance at $0.025 but if volume remains strong we could see significant gains in the medium-term.
GRNO at $0.60 on Monday and managed to take some profits at $0.71 as we saw some strong selling pressure. However the drop below $0.57 on Thursday triggered our stop-loss so we are out of the trade. Still, we managed to make gains of 18% on this trade, so it was not all bad.
There are signs that SFMI is forming a bottom. For the last three sessions, investors have supported the price around $0.125 – $0.13. The stock has been in a strong downtrend since mid-June so people don’t want to go rushing into this stock just yet. People want to see that a solid bottom has formed and investors are interested in buying again. If SFMI does generate some momentum at this level, the next major resistance point is at $0.175.
People continue to watch PCBC as it moves through its bottoming formation. There is some strong resistance at $0.75 and people are only going to monitor this stock in the near-term. If volume picks up people would expect to see a significant push but until that happens, this stock will remain range-bound.
People added SILA to the watch list Wednesday morning and people think it has potential to move higher very quickly. The stock gapped modestly higher at the open and that caused some selling pressure through most of the morning. However investors quickly took advantage of the discounts and drove the price higher. If this stock can maintain its current volume, then people should see it hit $1.00 in the near-term.
ABK is holding on to some of its gains despite some selling pressure on Wednesday. The stock is still holding support at $0.66 and people think the price has the potential to move higher very quickly. Because of the recent price action people are expecting to see another positive open today. There is some minor resistance at $0.75 but people think this should break and lead to a test of stronger resistance at $0.80.
GETA is a stock that people have been following for a while and have made decent profits with and that trend looks like it should continue. There are signs that the price is building a good base around $0.035. People are going to watch this stock to see if this area holds in the near-term. People would like to see a break above resistance at $0.04 on high volume to create a very bullish signal.
Although GRNO ended the day in negative territory, it is still holding on to most of its recent gains. People pointed out that the stock had an impressive rally the last few weeks so it is not surprising to see some selling pressure. Because volume is relatively low, people are expecting to see a short-term pullback and the price should continue to move higher. A break below $0.60 could signal further weakness and would be a sign to get out of the stock.
People are starting to see some buying in LEHMQ. The stock gapped higher on Wednesday morning and the strong volume triggered our buy signal at $0.07. The stock hit a high of $0.72 but ran into some slight resistance. People are expecting to see volume pick up today and our first major resistance level is at $0.80.
People are removing AEHI for the same reason. People are not seeing any follow through buying activity and volume is relatively low so people are not expecting to see any major movement. The stock is caught in wide range, with support at $0.40 and resistance at $0.50 and people don’t think the price is going to break out anytime soon.
People are taking CTSO off our watch-list, mostly because there is very little trading activity. The stock continues to trade in a tight range, with support at $0.09 and resistance at $0.095 but volume is extremely low. This will have to grow if the price is going to break this channel in the near-term.
People haven’t talked about EVSO much in the last week but it remains on our watch-list. While there has been some positive price movement, people have not seen any follow through. The stock looks oversold in the near-term and people are expecting to see a bounce very shortly. EVSO has held support around $0.055 and a drop back to this place could generate some buying momentum.