Morning all, as you know its my job to find you good trades before the masses. 90% of the time its me finding you "technical" breakout plays, but from time to time we like to scalp these penny stock pump and dumps for easy cash. While the others pile on and then HOLD, we pile on, scalp and then laugh all the way to the bank.
So, we have a morning candidate for the next Awesomepennystock pump which is SWVI penny stock. Swingplane Ventures, Inc. (SWVI)
-OTC BB is currently trading pre market at $.21 cents per share and already over 1.4 million shares in volume. Up just 26% but why in the world would SWVI be gapping up this much if it wasnt some type of major promotional penny stock pump like the next Awesome Penny Stock Alert?
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Here is what I see for SWVI going forward. Since the stock trading a major 15 million shares yesterday on SWVI it also suggests a major FRONTLOAD for "pump and dump" for SWVI penny stock. If APS or AwesomePennyStock is indeed on SWVI then it makes sense for them to preload or frontload 15 million shares so they can control a good deal of the "float".
Tuesdays high was $.31 cents so that would be my big resistance point. SWVI closed at $.17 so watch this as possible support area along with $.15.
Remember, the last few AwesomePennyStock Alerts didn't exactly perform well, so please stay tuned to my SuperNova Elite chat room for up to the second details on where this penny stock pump might be headed.