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$VGTL with buyer momentum to get to $.01 after a drop to $.0048 on 1 million traded. IHub board presence is increasing. Large spread currently.
$BVAP with 10-k out and trying to uptrend.
OTCMarkets Closing Report and Daily Dashboard
OTCMarkets offers two reports that I review during the day and after hours. Good day traders can follow % daily gainers and scalp a quick gain before the momentum fades. Swingers and more mid-term traders can view the Closing Report daily to collect tickers on consistent daily and weekly uptrends for a longer trade opportunity.
I generally focus on QB/QXs.
http://www.otcmarkets.com/market-activity/closing-otc-summary?tier=DQ
OTCMarkets Closing Report and Daily Dashboard
OTCMarkets offers two reports that I review during the day and after hours. Good day traders can follow % daily gainers and scalp a quick gain before the momentum fades. Swingers and more mid-term traders can view the Closing Report daily to collect tickers on consistent daily and weekly uptrends for a longer trade opportunity.
I generally focus on QB/QXs.
http://www.otcmarkets.com/market-activity/closing-otc-summary?tier=DQ
Townie- follow and you'll thank me later.
Townie has a history of finding bottom OTC stocks before the masses and paid promoters utter their first words. Seen a penny ticker on the OTC recently with fast uptrend? Townie was probably on the related board before other big traders.
$ADMD with recent fire burning as a bottom appears to have formed a couple weeks ago giving rise to an uptrend. What's fueling the recent fire?
+ Possible FDA approval on its star product
+ Insider purchases
+ Next filing anticipation
$MECK isn't showing much chart wise but fundamentally its cleaning up ops and the financials. Revenue is on the increase while old ops and related baggage are phased out. Check out the MECK board for great DD by ash.
$DRIO shhh on a quiet uptrend. News on 3/27/15 of the company's first ever revenue has sparked an early to enter uptrend with a possible few weeks slow and steady gain potential. The chart shows unusual volume fueling the buyer momentum.
Are the OTC MMJ industry tickers heating up for the recent buzz of s possible new state to submit new MMJ legislation? Watching over 250+ tickers shows not just yet, but there are a few trying start an uptrend such as...
$CANA
$CARA
$MJMJ
$IZEA has had a flow of news and updates the past few months fueling a recent uptrend. The chart shows nice long daily candles as the pps uptrends allowing for some fun trading on the way up.
$FVRG has had a recent uptrend after hitting a bottom around $.67s. The company has been increasing revenue and profits the past three years. The chart shows two legs up to over $2 the past two years. The chart shows overbought currently allowing for cheaper entry.
$ITUS on a recent uptrend the past month. A director has been slowly buying more shares as evidenced by the SC 13/G filings. The chart shows two legs up to $.40 the past two years. Currently trading in the $.13s.
The revenue just keeps increasing. The chart shows a nice uptrend the past few months with long candle moves almost daily. The potential to grab cheaper shares on the trend up is great.
Thank you for the DD rtraster!
$GERN looks like a great bio-tech under $5. The 2-year chart shows a fast gain from $1 to $5.50 from Jul to Oct 2014, and then a predictable $1 by $1 stair stepping uptrend from that big drop. GERN has decent option volume also.
I'm going to research it more and do a profile on here and Instagram.
Thanks sublover!
What do you think of the Fire Eater guidelines so far aero? Did I miss any? Trying to have a simplified guide to follow because we both know the list could get long. Glad to have you here as your option suggestions and technical analysis are great.
So many I know hold through ERs and then they get burned. No matter how much I research, apply fundamental analysis and news review to make an educated prediction of an ER result I still got a track record of less than 50% of predicting correctly.
Was $FLST even the first ticker symbol for that company? I remember that being one of my last lucky 7 in a row trades during my OTC gains streak.
How are you feeling now about iHub after your purge?
IMO we can make a board that follows tickers and options for gains. Trading is so much more than just OTC, and there's plenty of risk versus reward outside the OTC as well.
$UTX has had a volatile downtrend the past month as ER expectations have been lowered for the Qtr 1 ER scheduled 4/21/15. April news has been positive with news of partnerships and new contracts, so this past two quarters of lowered expectations is hopefully in the past.
News of prior litigation award being reversed on 4/7/15 May aid the future pps reversal. The chart is signaling sell on the 1-month perspective while showing signals of possible reversal on the 6-month chart.
Pretty cool that the conference call transcript was filed via 8-k/a. Nice slow progress should make for a stronger investment in the future. I'm surprised below $.02s have been available.
Thx sublover! $SITO looks to have bounced from its dilution trends a few months back. I guess traders are waiting for juicy updates. Happy to sleep on it until current progress us shown.
Thank you, Gary. Hope your holiday was good.
Thank you pimping! I used to be another iHub alias but I can't discuss it lol.
I hope your holiday is great also. Looking forward to trading next week.
Did you make a little on $CGRA? Saw you entered yesterday. It went up early am today, 4/2/15, but is tanking now.
OTCQBs I'm watching with slow uptrends:
$BTCS
$COCP
$FVRG
$GDSI
$ITKG
$ITUS
$IZEA
$PMCB
$PWEB
$TPNL
http://instagram.com/p/0-MSf1q--L/
$KMX up 8% after ER beat. I suggested $65 Calls 4/17/15 on 3/29/15. Calls were up 300% before ER.
I don't hold through ERs. Barfff.
http://instagram.com/p/0zrIw_K-5O/
http://instagram.com/p/0-U1ICq-8W/
$MU beat ER expectations 4/2/15. I suggested $26 Calls 4/17/15 on 3/29/15. Calls up 60% before ER.
http://instagram.com/p/0-VZ_zq-9R/
$KMX beat ER expectations 4/2/15. I suggested $65 Calls 4/17/15 on 3/29/15. Up 300% before ER.
http://instagram.com/p/0-U1ICq-8W/
All about timing it seems. How long until the dilutive shares start hitting the market and own those holding shares still...
I found this quote awhile back, "there are no bad stocks, just bad entry and exit points." So it's about when you enter and exit before dilution :(. In some rare cases on the OTC exit before a big fish sells.
Interesting stop loss discussion:
Nick the Contrarian on stop losses
I've always been more a fan of re-evaluating my trade at a 20% loss point versus having an auto stop loss set up with my broker.
$TWTR is looking good pre-market. Only $1,000 per option contract...lol.
Why has $IZEA steadily gone up since this "be careful" statement? Interesting.
I keep reading in most places I follow that the market is downtrending overall the past few weeks since the Fed statements about rates and the economy. Great volatility is occurring for sure for swung traders to take advantage of.
Do you feel a market correction is in the future? Last time I charted the DOW, S&P 500, and $SPY (largest optionable ETF) I saw pps rise that was too steep. Company PEs are at an all-time average high. I'm still researching how to determine a bear market and indicators besides charting.
$JCP Thoughts
JCP doesn't hold a specific pps trend long. It broke a resistance of $8.25 on 3/31/15 and could reach the $9 area before being too overbought and falling. Support could re-form at $7.50 but for me the best support area is $6.75-$7 once a pull back begins.
JCP is a great swing trade IMO and that's why I put the 4/17/15 Call and Put option chains up.
$JCP Thoughts
JCP doesn't hold a specific pps trend long. It broke a resistance of $8.25 on 3/31/15 and could reach the $9 area before being too overbought and falling. Support could re-form at $7.50 but for me the best support area is $6.75-$7 once a pull back begins.
JCP is a great swing trade IMO and that's why I put the 4/17/15 Call and Put option chains up.
$TSLA Thoughts
Rising wedges keep forming resulting in pps bounces in the short-term. The overall downtrend is apparent on the 6-month and 1-year charts. I did a write up Sunday I think about TSLA's trajectory on the stock cycle with denial now, a rise to "the normal" meaning going back to the latest high and then a fall not seen yet as a return to "the mean" stock pps occurs. All speculation of course.
The current rising wedge shows support of $180 and resistance at $200 or so. If TSLA rises I think $195 can be attained. If it starts to fall I think the $180 area could be seen and then a bounce back to $190, as annotated on the attached option chains for 4/17/15 expys.
$TSLA Thoughts
Rising wedges keep forming resulting in pps bounces in the short-term. The overall downtrend is apparent on the 6-month and 1-year charts. I did a write up Sunday I think about TSLA's trajectory on the stock cycle with denial now, a rise to "the normal" meaning going back to the latest high and then a fall not seen yet as a return to "the mean" stock pps occurs. All speculation of course.
The current rising wedge shows support of $180 and resistance at $200 or so. If TSLA rises I think $195 can be attained. If it starts to fall I think the $180 area could be seen and then a bounce back to $190, as annotated on the attached option chains for 4/17/15 expys.
$TWTR Thoughts
TWTR's chart is bullish and expect it to reach $154 by next week. The past two months shows when the pps candles touch above the upper Bollinger Band and CCI is overbought that TWTR slowly uptrends. Other chart indicators are signaling buy so I expect a slow uptrend into next week barring news.
I put up images of Calls and Puts to show 4/17/15 expys have a huge premium on Calls (like $7) and Puts are basically a gamble being valued at $.05 in strikes near the current TWTR pps. It seems most option traders think TWTR is only going up in the short-term. If TWTR was to tank those Put holders might bank...