Penny Stock Watchlist 11.4.10
MOTR CCME NNVC WTI WNR and More!
Now that the Fed is done barking and the President swallowed his mojo on TV we can get down to some real business. I got a feeling the market is going to breakout a bit more here and then retrace but that may not come for a few weeks or so. All this is just my opinion. For all I know the market could tank. That’s why I day trade. I can predict things easier on a short term basis.
MOTR
Missed out on this powerhouse. As some of you know I took this long two days ago in anticipation of this happening but it didn’t play out that way. I still think there is more upside but it has to come down a little more for me to but it and probably perk of consolidation. Mega runner
CCME
Got short this on the failure of 15 last week and I turn my back on it and it’s at 18 bucks. I am totally interested in shorting this but I need to see it breakdown some . When you jump into up trending stocks it’s easy to get squeezed. If you do go in I would start at 1/2 positions.
NNVC
Nice bounce of $1 consolidation. Unfortunately I never caught this until late. This thing is up pretty good but tomorrow we will see if this thing can go parabolic through Friday and then perhaps a short.
WTI
What a two day run on this. I really want to short this but as always I will have to see how the first 30 minutes of trading go . If there is a big spike I will start to build into it. If it tanks I will need a cover rally to short into. Not sure if I will buy this on bullish activity
WNR
Nice consolidation breakout on the daily. This is most likely a swing play because this is a slow mover but I believe there in about 50c worth of upside left. If you are patient for 2 to 3 days.
Solar
All solar stocks like JASO and LDK were hot Wednesday. Look for more upside there
BORN MCP and REE are always in play.
MIPS Took my money . maybe more upside tomorrow.