Showing posts with label penny stocks. Show all posts
Showing posts with label penny stocks. Show all posts

Thursday, January 26, 2012

ADVENTRX Pharma (ANX) Stock Chart Analysis Video

The ANX stock chart is holding a solid support level at $0.56 and climbing again towards the upper portion of a multi-month channel with resistance at 67 cents. Volume has remained consistent, but technical traders will be looking for a surge to take out the top of the channel with the next resistance not until 81 cents.

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Wednesday, January 25, 2012

Power-One (PWER) Stock Chart Analysis Video

The PWER chart is making a strong move off bottom support and now consolidating in a cup and handle chart pattern. Technical traders will be watching for resistance to fall in the area of $5 with a potential to reach recent highs of $6 should the resistance fall and signal a pattern breakout.

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Monday, January 23, 2012

Sino Payments (SNPY) Stock Chart Analysis Video

Volume increased on Friday for Sino Payments, Inc. (OTCQB:SNPY) as the price per share pushed through a resistance point at a nickel. Heading towards a possible blue-sky breakout, no resistance is in sight until the old high at 7.6 cents. The indicators have reset while holding bullish positions, lending credence to the possibility of continued upward pressure.

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Wednesday, January 18, 2012

AltiGen Communications (ATGN) Stock Chart Analysis Video

A low-float play that has made a solid climb from 20 cents to 35 cents, the ATGN chart looks to be making the shift into true bull mode. Technical traders will be watching for the MACD to bust through the money line and the PPS to break resistance at 35 cents with the next level of resistance not until 45 cents.

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Wednesday, January 4, 2012

Excel Maritime Carriers (EXM) Stock Chart Analysis Video

Looking to find a bottom, the EXM stock chart has put together two straight green days, which may catch the eyes of technical traders. Shippers have struggled throughout the last year, but EXM is hitting the watchlist to see if it is going to gather some upward momentum and hold the bottom support at $1.37 and break resistance at $1.65.

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Friday, December 30, 2011

Bakers Footwear Group (BKRS) Penny Stock to Watch

Normally, we don't bring fundamentals into our video charts, but Bakers Footwear put out news after the closing bell yesterday which may warrant a look at the trading today of BKRS. Technically speaking, the chart is holding support at $0.46, which must hold as traders look for volume/buying pressure to come into this low-float play.

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Thursday, December 29, 2011

Daqo New Energy (DQ) Stock Chart Analysis

On a stiff downward trend for most of 2011, the DQ chart appears to be trying to find a bottom. There is a positive divergence going on with the MACD and the majority of the trading days of the past two weeks have shown green closes. Traders will be watching as the chart now faces resistance.

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Tuesday, December 27, 2011

Cord Blood America (CBAI) Stock Chart Analysis

The CBAI chart has a history of making large moves in a short time frame. A double bottom pattern is forming as volume is increasing which will catch the eyes of traders in this popular stock. Bottom support is intact at $0.015.

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Wednesday, December 21, 2011

Meritor (MTOR) Stock Chart Analysis Video

The Meritor chart got a nice bounce yesterday (along with most of the markets). A nice support level in the area of $5 is holding currently with resistance not in effect until around $6.50

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Tuesday, December 20, 2011

Fleet Management Solutions (FLMG) Stock Chart Analysis

Three straight green days have now put the FLMG chart at a point of resistance. Momentum has stayed in the play on a consolidation after a big move which will have traders watching to see if the resistance will fall.

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Wednesday, December 14, 2011

Diversified Global Holdings Group (DGHG) Stock Chart Analysis

DGHG has slipped mildly from highs of $1.50 to a support level at $1.30 recently. Classic technical analysis, coupled with news yesterday after the bell of a new acquisition, has this chart on the watchlist for a potential bounce to challenge the old highs. A low floater, DGHG can move quickly in either direction.

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Monday, December 12, 2011

Glu Mobile (GLUU) Stock Chart Analysis

The Glu Mobile stock chart is making an inverted head and shoulders pattern. Resistance from the neckline coordinates with the 200 day simple moving average, Technical traders will be watching for the break of the resistance as the upside is significant should the pattern continue to play itself out.

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Friday, December 9, 2011

Furniture Brands (FBN) Stock Chart Analysis

The FBN stock chart fell through support early in November and lost half of its value. Once again a support level is established as a shift in trend and momentum tries to happen which will have "bottom feeders" watching closely for any upward pressure in the pps.

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Thursday, December 8, 2011

SIGA Technologies (SIGA) Stock Chart Analysis

The SIGA chart has shown repeated "rounded tops" that have fallen through support levels. Once again, a new support is formed while the indicators are trying to show some strength to trend and momentum which will have the eyes of traders as long as support at $1.86 holds.

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Wednesday, December 7, 2011

Li-ion Motors (LMCO) Stock Chart Analysis

LMCO made a sharp climb off bottom support at a nickel to move to 15 cents over the last couple weeks. A mild retrace happened and now another push could be in the making. Shares closed at 16 cents yesterday as the indicators are holding bullish positions.

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Monday, December 5, 2011

US Highland (UHLN) Stock Chart Analysis

The last time volume came into the UHLN stock chart, a rise from 30 cents to 52 cents happened in a short time. Volume has started trickling back into the chart again after a consolidation from those highs with a new higher low being made and a MACD bullish cross happening.

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Thursday, December 1, 2011

Business Continuity Solutions (BUCS) Stock Chart Analysis

A strong chart climbing from a penny to 9 cents over the last year, BUCS is holding the majority of the gains in the area of 7 cents presently. A solid support is set at 6 cents with minimal resistance to a breakout point back at the old highs.

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Tuesday, November 29, 2011

Amarantus Biosciences (AMBS) Stock Chart Analysis

The Amarantus stock chart is making a smooth upward trend over the last two months and hitting the radar for another potential climb. Channeling between 8 and 12 cents, the chart shows that this thinly-traded stock can move very quickly.

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Monday, November 28, 2011

VelaTel Global Communications (VELA) Stock Chart Analysis

The VELA chart has historically made large moves off the support at a dime. Share have been on a slide back down to that support and the chart is giving hints of another possible bounce off 10 cents.

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Wednesday, November 23, 2011

Canadian Solar (CSIQ) Stock Chart Analysis

CSIQ has been in a solid downtrend since July. One green day does not make a reversal, but the two-day candle pattern is a bullish engulfing which will have technical traders on alert for confirmation today to strengthen the idea of a reversal in trend.

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