Today we have a guest who will be sharing one of picks!
BUT FIRST! Our regular Day Trading Picks- LVGI, ITNS. LVGI has been on an upward trend for the last month. It topped out at .015 before plummeting the last week or so. By scouring the charts I saw something encouraging in the trends of LVGI. On 3-26 — 3-27 LVGI broke out to a high of .015. 3-27 was actually a bad day for LVGI, It broke resistance and tested new highs but then the bottom fell right out. Over the next 3 days LVGI formed a nice V pattern that signified a good rebound. Come April 1st LVGI hits a high of .0131 and slides all the way to a low of .0039 A HUGE DROP FROM .0131. Do not worry folks remember this is the bottom of the slide for LVGI as I can see the V shape like pattern will repeat it self. To see this pattern for yourself, click here . Just make sure you focus on the March 26 on. The pattern starts to develop on the 27th. Bottom could have fell out of LVGI today but Support 2 held making this a buy in my book. Good luck to my players and we shall speak again on Friday.
As for ITNS, it is a fundamental play as news just came out! Lucky for subscribers, @otcdaily already analyzed it for you guys! To read his analysis click here.
Side Note * CTTG was a absolute MONSTER play for those who followed my lead 40% gainer in one day! Lets close this week out with a bang.
@superstormstocks has presented us with MELY!
All signs showing that MELY is a buy to me as it closes at .0029, one tick higher than its’ most recent highs of .0028 in January and ironically the 200ma. The momo is there with the increase of chatter via twitter and multiple investing forums. The recent volume is nearly 25x’s the daily average. Significant PPS increase on a day with news as most penny stock traders have a tendency to sell on the news. This tells me the PR gave investors confidence. Technicals are bullish as the PSAR has flipped to a BUY signal. CMF spiking to .703. MACD heading north with the Slow STO only just passing the 50 range showing a lot of wiggle room.With an OS of only 258mil as of January 20th, 2014, I see MELY easily testing .005. Watch level 2 and take profits accordingly.
-Beard of WallStreet
Long Term Stocks
MYEC- BIG BIG NEWS! MyECheck, Inc. (MYEC) going global with an iCard1 agreement To read out analysis on this click here!
Not as big but Good News out of PRPM! PRPM is solidifying their place in the marijuana industry, for more click here
As For Our Long Term Picks
( STOCK TO STAY AWAY FROM ) KING IPO- OVERPRICED !!! KING’s IPO was a joke ( IPO pricing of 22$) in my opinion it had one legitimate game ( one hit wonder ) . ZNGA has had more success yet they are only priced at 4-5 $. THEY need more success/revenue to back up their value we have yet to seen a glimpse of their financials ( signals instability ) . Great Candidate for PUT OPTIONS as the company has done nothing to warrant their current value.
LONG TERM WATCH LIST! ( Changes once every 1-2 weeks )
LONG TERM STOCKS- CMG, TRMR, FNMA, FMCC, MA, GOLD, BRK-B, NKE, NOW, ICLD, GNTX, XOM.TSLA.CTIC, VZ, PLUG FNMA TSLA
– ARTX As I mentioned before I sold ARTX during the selloff post earnings. This stock still has a bright future therefore I will wait for the selloff to finish and then I will assess and most likely re-enter with a position on ARTX.
LONG TERM PENNY PICKS- MYEC, HYSR, Marijuana Stocks ( * UTRM *, FITX, MJNA, PHOT, TRTC, HEMP, CBIS, MDBX) For our detailed analysis on the future of Marijuana Stocks click here !
All our day trading penny stocks are based off technical analysis. Our unique methods have a success rate of 85% ! Do not forget that the odds are against us mainly due the fact that timing is key and our penny picks change day in and day out. When trading our very own penny picks, the average holding time is about 30mins to 3 hours!. We are In and Out!!. To follow our every move follow us on twitter Hereitfirst_ Remember guys most of my penny picks are for day trading so you should be in and out!. Picks are all technically driven, I PLAY THE TRENDS not the stocks fundamentals. If the ask of one of my penny picks is beyond reach DO NOT CHASE! Live to fight another day.
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