I apologize about the lack of watch-lists and blog post this week. There was a death in the family so I have been dealing with that for the past couple of days, but am looking forward to get back to blogging and trading starting….. today! Also, this weekend I’ll introduce the Charting 101 series which will run into next week also and will be filled with tons of information on trading penny stocks with stock charts. Here are your penny stocks to watch for today…
ISCO is the only potential penny stock to short for today. Muli-day spiker we have here with some fluff news that really doesn’t justify a move of this magnitude. I’d look to short this penny stock on a green-to-red move OR a break of 1.00. Make sure if it breaks 1.00 that you have solid selling volume because that will confirm the change in trend. Get ready!
CSUH this penny stock had a grrrreat breakout on Wednesday above the blatantly obvious .15 resistance. Only had a 5% move up yesterday which leads me to believe this penny stock has more room to run. RSI is in the power zone and this one looks like it wants to run higher. Watch for buying pressure right at the open to initiate a position. Definitely a potential buy.
SNRV another solid breakout penny stock play here. Broke out yesterday over the 2.00 resistance to close at 2.20. Methinks this has more room to run and I want to be in on this run. Beware though, this is thinly traded. Only 43 trades yesterday on 46,000 shares traded…so trade smartly. This is only a potential buy if the spread between the bid and the ask isn’t too wide.
{ 10 comments… read them below or add one }
thanks for the list. CSUH looks like a great setup. added to my watchlist
none available to short on genesis site.
I have enjoyed reading your ebook. Very straight forward and easy to understand. Are you still planning on doing the Charting 101 series?
Yes Sir, I still plan on doing the Charting 101 series. I have been really busy lately as you can tell with the lack of posts. As soon as everything eases up I’ll begin the series! Should be very soon!
Is this site done or are you just taking a break?
Really, I am very much appreciate on your penny stocks guidelines, Thank You
Nice blog and interesting also,i am happy to read this.
WHATS UP….I AM A X PGA PLAYER FROM THE ORLANDO AREA..I HAVE FRIENDS AND FAM IN TAMPA AREA ALSO..I AM LINING AT THIS TIME IN THE DALLAS TX AREA…I AM A NEW TRADER AND I HAVE JUST RECENTLY BOUGHT A PENNY STOCK…. IMGG…AND CAN I SAY WOW WHAT A RIDE…BECAUSE OF THIS I WOULD LIKE TO LEARN MORE ABOUT THIS..PLEASE E-MAIL ME SO WE CAN MABEY TALK MORE…. AKA..GROOVER
This blog has made an effort to give information on some specific stocks and therefore much instructive. It can heighten trader’s knowledge on stocks.
Hey, thanks for making a general evaluation of penny stocks companies. Besides I also liked its guidelines for investing in stock market.