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MONTREAL, QUEBEC, Oct 28, 2008 (MARKET WIRE via COMTEX) --
EcoloCap Solutions, Inc. (OTCBB: ECOS) ("EcoloCap") today announced that it has in the past two weeks reached carbon credit purchase agreements with several large Chinese industrial companies which represent a 100% increase in the company's supply of CERs over the next 5 years.
Check out the rest of the link at http://biz.yahoo.com/iw/081028/0446923.html
Shares of GSPI have help their break away gap for three days now without filling it. This is extremely bullish. It looks as though the closing price of $0.33 has become new support. We could really be off to the races with a close above $0.37. Time to buy!
After five days of selling, the volume in MFGD is continuing to contract suggest we may be in store for a rally very soon. Additional evidence is suggested by the fact that the stock, while closing near the low, never broke the intraday low from the previous day. Current price level seems to be an attractive entry point with minimal downside risk and considerable upside potential
MoneyTV, Week of 10/24
LOS ANGELES, CA, Oct 24, 2008 (MARKET WIRE via COMTEX) --
MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews by anchor Donald Baillargeon with company CEOs, providing insights into their operations and outlooks for their futures.
Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's program include:
Dynamic Alert, Ltd. (OTCBB: DYMC) CEO Richard Cowan and Consultant Robert Melamede, Ph.D. spoke of the benefits of medical marijuana and the company's phytocannabinoid pharmaceuticals.
XsunX, Inc. (OTCBB: XSNX) CEO Tom Djokovich discussed details of the solar convention attended in San Diego.
OriginOil, Inc. (OTCBB: OOIL) CEO Riggs Eckelberry announced a new company CTO and showed photos of the algae cultivation process.
PureSpectrum, Inc. (PINKSHEETS: PSPM) CEO Lee Vanatta discussed the company's pending business trip to Dubai.
Viewers of MoneyTV can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is broadcast nationally in the USA to 70 million U.S. homes on Saturdays at 11:00 AM ET, Sundays at 8:30 AM PT, 8:30 AM ET, 9:30 AM ET, 3:30 PM ET and Mondays at 6:30 PM ET.
MoneyTV is broadcast to 45 million TV homes in Western Europe, Wednesdays at 5:00 PM, on UPN-TV in the Virgin Islands and Puerto Rico Sundays at 8:00 AM and is also available in Thailand on the Broad TV Network.
A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net
After a high-volume shakeout last Friday, shares of ECOS rallied into the close erasing the majority of the day's losses and forming a bullish hammer candle formation. Hammers get there name from the idea that the stock is trying tp "hammer out a bottom." This shakeout may also result in a breakout to the upside which catches many traders off guard.The stochastics and MACD are also pointing higher giving additional evidence that the stock could go considerably higher from current levels.
Shares of ooil look poised to rally as the downside volume appears to have exhausted itself. This stock looks rediculously cheap and i plan on accumulating a large position at this level. With the stock at 33 cents, I think we could see 50 cents in the next few weeks.
The trading range on ECOS is getting tighter and tighter and looks like it could snap higher Volume is also picking-up. I think we bottomed last week and shares offer a safe entry point at this level. If we retest the 200 day moving average, we could see a double in this stock.
Despite the rather substantial price decline today, the sell-off was done on contracting volume suggesting that the selling has most likely exhausted itself. So long as we continue to hold the current trendline (essentially where we are now), this stock is in a strong uptrend aand should be held or accumulated.. The MACD and stochastics are both in uptrendsand we have not violated the 50 day moving average since we broke through it several days ago.
Upon the announcement that Beacon had initiated coverage of GSPI, shares surged over 30% intraday before closing with a ~17% gain for the day. Equally as impressive, shares seem to be holding yesterdays gap, closed near the upper end of yesterday's range AND closed back above the all-important 50 day moving average. The stochastics is still not overbought and the MACD is still gaining momentum. Since we seem to be holding that gap, shares are exhibiting minimal downside risk and considerable upside potential at current levels.
Nice upside volume day in shares of GCHK. The stochastics is in a strong up trend but not overbought and the MACD is beginning to turn higher. There has been alot of base-building in this stock and shares may be moving higher soon.
Shares of GSPI surged 30%+ intraday on coverage by Beacon. We saw explosive upside volume and a powerful breakaway gap. Both the stochastics and MACD are pointing higher as well. These shares should be accumulated on any weakness as we may be testing the recent highs very soon.
Shares of CABN are trading well above the 0 line indicating a strong bullish trend. Moreover, we are seeing considerably higher volume on upside days than we do on down side days suggesting accumulation in the stock. The stochastics is in a strong up trend and the stock is trading at or near its 200 day moving average. Shares should be accumulated on any weakness as theylook poised to to challenge the recent highs.
Shares of NHYT surged 17% . I haven't found a news that would have caused this kind of gain. I'm thinking something could be brewing. The stoch is oversold and we just had a sctochastics crossover from oversold levels. Looks like more upside ahead. I am a buyer at these levels.
BSRC has bounced off the $0.17 level several times and has done so again today wwith a close up almost 13%. The lows on the stochastics appear to be geting higher as well suggesting a bullish breakout could be in the works. Traders should build a position in the stock now as we could see a regression back to the 50 day moving average currently at $0.33 which would result in a 50%+ gain.
Despite the fact that shares gave-up a little ground today, the technical picture not only look contructive, but looks to be building momentum. The stochastics averages have a steep upward bias and the MACD has just issued a bullish crossover signal. While we didn't get a close above the 13 day average today, we did penetrate it intraday and I suspect it is only a matter of time before we close above it. Shares should be purchased at current levels as it looks like we may be preparing to rally.
GSPI surged 12% today and is trading back above its 13 day moving average. It is looking more and more like the stock has bottomed. There was also an interesting news clip about how its president has released a one-minute video clearly outlining how the United States can immediately save over 300,000 barrels of oil per day requiring no expenditures and no new legislation. This stock looks set to run higher. Here is a copy of the link
http://www.greenstarusa.com/news/08-10-20.html
Shares of ECOS surged almost 9% in another heavy voume upside day. This time, shares closed back above their 13 day moving average and the MACD looks poised to give a bullish crossover signal soon. Shares look as though they could retest their 200 day moving average near $0.83. That would be about a 100% gain from current levels. Given the current upside volume spikes, news looks like it could be coming out. I am going to pick up some shares on the cheap for a potential near-term pop.
My bad typing. Yes I meant it could retest the $.04 level. Judging by the high upside volume in these shares of late, relative to the lower downside volume, the bulls look to be regaining control of this stock.. This is a well managed green company that is getting ready to take-off. Shares should be considered for purchase at current levels.
Shares of BSRC look to be making a bottom in the $0.15 to $0.25 range. If we simply regress back to the 200 day moving average of $0.50,we are looking at a well over 100% gain. Shares look like they could do that over the next several weeks. This is an extremely attractive level to be accumulating shares as we may not see shares this attractively priced again.
Shares of MFGD surged 23% on huge volume last Friday. I did not see any news but it sure feels like something could be brewing. The stochastics is in a strong bullish trend since offfering a bullish crossover signal from oversold levels. The MACD also looks like it is beginning to stabilze. Shares should be accumulated at current levels as we cold go back and retest the $1.65 level inthe next few weeks.
Despite the last two days of selling, the volume has been considerably lighter than the volume on the down days. The huge trading ranges indicate that we are in the process of making an important bottom. Shares shold be purchased on any weakness as they could easily retest the $0.40 level up from its current $0.25 .
Something appears to be up with shares of ECOS. We have seen two very strong upday volume spikes. Given that volume precedes price, it would not be surprising to see a big price movement i the next few tradig sessions. The trading range has also gotten very wide which further underscores the belief that we have seen a bottom. Shares should be accumulated at these levels as it looks like a rally is on its way.
After a panic sell-off yesterday, shares of MFGD appear to have stabilized. It would be extremely constructive for the stock to trade and close above today's high of $0.58 whih it will probably do in the next few days. The stochastics is in an uptrend and the MACD looks to be stabilizing. Shares should definately be considered for purchase at this level.The stock could test the $1.65 level again soon.
After a heart-stopping 40% rally yesterday, shares of PURO sustained most of their gains today. Today, we received further bullish confirmation with a bullish MACD crossover as well as the price not filling the breakaway gap from yesterday. Shares look to add to their gains and are priced at a level where they could be purchased at an attractive risk/reward scenario.
Despite today's massive broad based selloff, shares of GSPI held their 13 day moving average, gave back only a small portion of the recent gains, and did so on extremely light volume. All technical indicators are suggesting higher prices in the near-term and traders would be wise to position themselves in this stock accordingly.
Looks like we may be "hammering" out a bottom with the long hammer candle that often signifies a stock trying to mark a bottom. Further evidence of this possible "shakeout before the breakout" is the huge volume spike and capitulation we are seeing in the stock today.It would be very encouraging and not surprising if we saw the stock tomorrow exceed today's high. It looks like a very favorable risk/reward setup and shares should be accumulated a current price levels.
Shares of PURO are surging over 40% today on huge volume as Beacon reaffirmed its confidence in the company. With a bullish breakaway gap, we also got further technical confirmation with a bullish stochastics crrossover and the turning higher of the MACD (which looks poised to give a bullish crossover signal) soon. Looks like this stock has a lot more room to run. Last July the stock doubled in 3 days after Beacon announced coverage.
Puro is way oversold at these levels and as the stock continues to make lower lows, the MACD is still making higher lows. This bullish divergence tells me when this stock makes its move....it could be HUGE!! Looks like a very favorable risk/reward scenario purchasing shares at current levels.
Shares of ECOS look to be stabilizing and getting ready for a bullish reversal. We had a huge up day volume spike a couple of days ago indicating a price reversalwas likely. Today, after making a new intraday low, shares rallied and made a bullish key reversal to close at a 5 day high. The stock also got a bullish stochastics crossover as well as the MACD turning higher. Shares shold be accumulated at current levels as it looks like we could see a nice move soon.
Shares of GSPI are showing some formidable technical strength as of late. The stock got a bullsh stochastics crossover and has been exhibiting some upside volume spikes the last few days. Shares also just broke back above (and closed above) its 13 day moving average. Fimally the MACD just gave a bullish crossover signal that a bullish trend is forming. Shares look like they should be accumulated at current levels.
Shares of NTCT are looking very strong of late with the stochastics breaking its down trendline and and now in a strong uptrend...but far from overbought. The upside volume is also considerably stronger than the down side volume. Yesterday the stock had closed back above its 13 day moving average and today bumped up against the all-important 20 day moving average. With a definitive close above this average, institutions will become very interested in the stock. Looks like it may be a good idea to start buying at these levels before the "big-boys" take notice.
Shares of MFGD are forming a coiled-spring where the trading range is getting tighter and tighter. This normally results in a big breakout in one direction or another. Given the oversold condition of the stock as measured by the stochastics and MACD, I suspect this eventual breakout will be to the upside. Moreover, it would appear that this breakout could happen any day now. Looks like it might be prudent to begin to build a position in this stock at current levels.
Looks like shares of GCHK have bottomed as we got a nice bullish stochastics crossover within an outside trading day. In other words, we traded and closed at a new 5 day high. This is very constructive for the stock. Would like to see some nice upside volume kick in soon.
Shares of Morgan Stanley (MS) staged a bullish "island reversal" over the last few days with a gap down followed by a gap up. It also offered a bullish stochastics crossover from oversold levels. While I am not expecting shares to go straight up from here (especially after a 95% one-day move), It does appear that the stock has bottomed and I expect higher prices over the intermediate-term.Investors should begin to initiate long positions ASAP.
Shares of MFGD are stabilizing just above its July 17th break-away gap. We also got a bullish stochastics crossover with the MACD looking like its bottomed. I think we could se this stock rally from its closing price of $0.60 to at least $0.80. in the next few weeks
Shares of NHYT shot up 20% intraday on the announcement that Beacon Equity Research had initiated coverage of the stock. As is often the case, sellers came in to take tprofits by the close....but the stock is still holding it $0.40 support level very well. Looks like an amazing buying opportunity as we will probably retest today's $0.62 high...if not exceed it. The fundamentals are great for this company and this is definately a sector with which to be involved.
Just wanted to apologize to all readers who hoped to have an opportunity to talk with the CEO of XSNX on the Beacon website last Friday. Apparently there was a scheduling problem and Beacon had to cancel the Company Connnect. Tom and XSNX had nothing to do with the miscommunication and I apologize for forgetting to inform you of the scheduling conflict.
PGOG trying to break down trendline and holding the psychologically important level of $1.00 on a closing basis. The stock is showing a coiled-spring formation and could snap higher any day now. Looks like we will retest the $1.20 level. Traders should be positioning themselves in this stock now for n emminant rally.
Shares of NHYT bounced off of its $0.40 support level and closed virtually unchanged in an extremely volatile day of trading. This level of volatility is often associated with major bottoms as is the "hammer" candle formation that developed indicating the "hammering out of a bottom." This looks like a great entry point for the stock as it looks to move appreciably higher in short order.
After a stellar performance on Wednesday on heavy volume, shares of NTCT held most of the gains and fell on considerably lighter volume. Stochastics is pointing higher and emerging from oversold territory. I think shares will retest the 200 day MA at around $11.00