Penny Stock Watchlist 8.3.10 Video is of the return of VRML a.k.a VRMLQ last years big mover. Text is of AMOK GERN BJGP SMTX AMOK Another round of promotional mailers arrived at my mailbox today. Very glossy with 15 pages of charts, graphs and a million words of research. Not only was this a fancy […]
Trade Recap 8.2.10. DCTH. I took the wrong side of the fence this morning. Chart looked to breakout but what a beat down shortly after. Whoever took the other side of my trade congrats. Good thing I cut losses quick at -150. My continue it’s dive.
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Approaching double top resistance at $6 intra day. 6.19 would be next upside on daily chart. I might play a breakout if the action warrants at the $6 level. [wikichart align=”center” ticker=”NBIX” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
A swift tank from the 6.65 level. Looks to be topping off the rebound at 6.55 area could see a low of 6.35/25 [wikichart align=”center” ticker=”BJGP” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
I took the wrong side of the fence this morning. Chart looked to breakout but what a beat down shortly after. Whoever took the other side of my trade congrats. Good thing I cut losses quick at -150. My continue it’s dive. [wikichart align=”center” ticker=”dch” showannotations=”true” livequote=”true” startdate=”02-02-2010″ enddate=”02-08-2010″ width=”570″ height=”365″]
No video clip as the only trade was the ZAGG trade featured in the previous watchlist. Plus it was sooooo boring you don’t want to hear about it.
Penny Stock Watchlist 8.2.10. Video is of NCI Text is of RMTR ARNA TRID BJGP RMTR Up from 2.60 to 3.60 in the last week. Overextended in this area but the company makes a few bucks so a continued breakout can still happen. I would look to short on a break of 3.35 and 3.16. […]
Another parabolic opener and so far holding in the 1.80’s. This could be a multi day runner like PWER but at these levels it looks unattractive. [wikichart align=”center” ticker=”TRID” showannotations=”true” livequote=”true” startdate=”30-01-2010″ enddate=”30-07-2010″ width=”570″ height=”365″]
What an opening and what a continuation. There probably is no play in this as it is overextended here. Not a great short. Perhaps if there is a re tracement and a consolidation I may attempt a long day trade but I doubt I will touch it. [wikichart align=”right” ticker=”PWER” showannotations=”true” livequote=”true” startdate=”30-01-2010″ enddate=”30-07-2010″ width=”570″ […]