Tuesday, April 24, 2012

Watch list for Wednesday

ITKH .003 This stock has been higher than average volume now for the last week, the stock was virtually at a stand still near .0015 range and suddenly has caught a major bid, the charts showing unusually higher volume from its 10 day average, there is a saying "Volume precedes price" and if you look at the chart The MACD in full uptrend along with accum distribution high. The RSI is in buy zone and the 50 and 200 moving day average are about to cross. These are the type of stocks that investors want to be in , a stock that has a confirmed reversal , volume and company has real revenue over 6 million as of February 2012. There are financials expected around the corner and just like I mentioned AUMY .003 I could very well see ITKH trading well over .01 in the near future


CHART 50 and 200 MDA about to cross, accumulation MACD curling up RSI buy zone
http://stockcharts.com/h-sc/ui?s=ITKH

Low Float Runners are the TREND

KNOS .0009 this stock continues to be under accumulation and the chart is screaming a push higher , the Golden Cross and rumors of a merger let alone the low share structure , any buying pressure could send this and wouldnt be surprised if the co. releases news, watch for entry.

VSHC .0037 we mentioned this med stock at .0008 and we had a target .005 , this could very well break that target this stock looks to becoming another HBRM and SNDY type play , zero dilution and low ss , this will break 52 week high soon.

ALGF .0006 This stock is now current status tier, posted new filings April 23  Only 67 million float , I like this as a buy set and forget stock could see .008 at some point

http://www.otcmarkets.com/financialReportViewer?symbol=ALGF&id=79086

AUMY .007 Huge news today , sparked a bit of a sell off not before it saw a new high of .0124 on a gap , That is telling me that the stock will fill gap and I think that it will with Dividend this Sat at 5pm , a 3% dividend just adds more value to the already 20 million financed Gold company, tomorrow The FEDERAL RESERVE speaks at FOMC meeting and we could here QE3 just to spike markets , what does that mean for AUMY well for one they announced expected revenue outlook of 100 million, and Gold and Silver sky rocket with any talk of QE3. I believe that AUMY is positioning themselves as a leader in the Gold market Junior mining industry, and the chart closing above the 50 tells me people will load before the run

Bullish Flag pattern forming before Dividend , closes above 50? I think a close above .01 , its 200 MA will be telling for the next leg up

http://stockcharts.com/h-sc/ui?s=aumy

News http://www.otcmarkets.com/stock/AUMY/news







No comments:

Post a Comment