Four Small Cap Stocks To Watch
For those looking for a few small cap (under $5 per share) stocks to watch over the next few days, keep an eye on the following which I have selected due to bullish chart trends.
First off KBLB. Right now we are inching up here on the level 2 which is very thin to $.09 and if broken very thin to $.12, then VFIN at $.15. I am in this as a swing to medium term hold (few weeks) like I said since day one. My stop is firm at $.07 and we have held this for a long time. I like KBLB because the risk for me is very small and I don’t mind holding these low risk plays a bit longer than normal.
Also you can clearly see on the chart we are making higher highs and higher lows now for a week and the MACD signal line on Etrade Pro is curling up nicely on the daily chart.
Other updates:
BWEN is holding my $.61 base of support very well. If we break $.70 I am looking for a test of $.75 to $.80 in the short term
CBIS held my $.135 support level today once again and is trading up near $.16 now. The pattern has been two or three days up followed by two days down, then back up again. If we close above $.135 today then I will look for a possible green day tomorrow to start a new rally toward $.20.
VELA has seen strong volume today, watch this for a power hour trade as well. If we can crack the high of day then this should give us a new surge. A $.032 alert to $.038 high isn’t bad but if we break $.038 then look for a possible move to $.042 or $.048 based on the level 2.
So far, a good day!
Talk to you all soon and I hope you enjoyed my video lesson on “Gap trades” that is out for Premium and Elite levels today.
If you want in on the early action for hot moving penny stock and small cap stocks under $5 per share (not to mention a crap load of educational lessons, video library and Elite level Webinars) then be sure to click on this link right now.
Trade well
More Posts by this author
SNPK Is One Awesome Penny Stock!
SNPK Rumored to be the next AwesomePennyStock Alert
Four Small Cap Stocks To Watch
CBIS, LOGL and ALIM Hit 250% worth of gains for Nova members
AWSR is one Awesome Penny Stock PUMP and DUMP!
CBIS How High Can It Run on A&E News
Is It Time To Sell NSRS?
 |
Post Written By: Super Nova
As a trader, I have spent the last 15 years navigating and scanning the penny stock markets. I don’t know anyone who has the breadth and depth of penny stock experience that I do. Through my proven methods I have consistently found some of the markets biggest and most profitable trades…and the great news is that I will share them with all of my subscribers. |
