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Post# of 4975844
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Saturday, 03/04/2006 11:47:14 AM

Saturday, March 04, 2006 11:47:14 AM

Post# of 4975844
** T/A Analysis: XKEM, PHBT, PXIT, BKMP, AWBV, MGEN, AURC, GCHR, VWKM

XKEM - Horizontal consolidation last 5 days on heavy volume, breaking out of it as of friday. I expect a revisit of 0.03 peak at least. DMI has a lot of room to go up.

PXIT - Slowly pulled back from its 0.025 high, it has consolidated at 0.004 on heavy volume and will move up again, probably to the top of the Bollingers around 0.016 ( a triple from these levels).DMI has a lot of room to go up.

PHBT - Heavy volume consolidation at bottom, I expect another move up, either to the bollingers at 0.002, or MA50 at 0.0016.

BKMP - breaking out from a 1.5 month descending wedge consolidation at a bottom. I expect this to be a rollercoaster but upwards. I still think it can triple from here (but not in one shot).

AWBV - Breaking a descending channel (a real one ;)), on record volume, a risky play but good potential, the sky is the limit.

MGEN - EMA20/SMA50 crossover (IMO most powerful crossover in the penny market, this is the real GOLDEN crossover - USXP had one at the start of its run), taking a bit of time to develop, but still expecting it to triple from these levels when volume kicks in. DMI setting up nicely.

AURC - a gold play that went 0.02 to 0.20, now consolidating at 0.10-0.15, will move out of this channel for a triple IMO.

GCHR - an Oil play, went from 0.01 to 0.06, now consolidating in a horizontal channel 0.03-0.05, stochastics are crossing and I expect this to explode next week for a double/triple.

VWKM - a great play if you can get shares at 0.0002, this one has a great story (but careful it dilutes too). I believe there are many swings left in this one for doubles/triples if you can time it right.

PROFITS TO ALL.

Penny_TA's Technical Plays:
http://www.investorshub.com/boards/board.asp?board_id=7244
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