Showing posts with label momentum stocks. Show all posts
Showing posts with label momentum stocks. Show all posts
Tuesday, September 27, 2011
Brownies Marine Group (BWMG) Technical Stock Chart Video
The BWMG chart is starting to move upward after touching a low of $0.025 recently. Looking for continuation of higher lows, support is set at $0.03 with resistance at $0.04 and $0.05. With volume starting to come in a more regularly, traders will be watching for a stronger move to possibly challenge the resistance levels.
Tuesday, September 20, 2011
247MGI (TOFS) Technical Stock Chart Video
Rising from $0.0007 to $0.0017 recently, the TOFS chart is starting to maintain momentum on heavy volume as the MACD looks to be changing its course of trend. Technical and momentum traders will be watching the chart now for continuation with an upper-end resistance at $0.0024.
Wednesday, August 17, 2011
Far East Energy Corp (FEEC) Technical Stock Chart Video
The FEEC chart is in a relatively familiar position have formed a base, tried to make a climb and then slid back to break the support level. Once again, the chart is trying to climb and is meeting some resistance. A penny play such as this can move quickly if the momentum continues which is what technical traders will be looking for today.
Monday, May 9, 2011
Max Media Group, Inc. (MXMI) Technical Stock Chart Video
The MXMI stock chart is in a flag pattern after a large move that took the value of a share from $0.007 to $0.0252. The pps is still holding over the 10 dma and appears that it may be ready to try and take out the top resistance at the old high. On any pullback, technical traders will be looking for $0.018 to hold as support.
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