Wednesday, April 24, 2013

Watch List for Thursday

Major Bounce Watch List


LHPT .0022 closed at high of the day yet again with a low of .0016 sets up a beautiful reversal candle yet again. The stock saw breakout volume well over 19 million in volume with huge volume at .0019-.002 level which now strong support. With 2 closes at high of the day the Bull Flag pennant formed and should see move past that .0041 level. 

With recent released news on Joint venture Matmown Oil and Gas along with current tier and 44 million in float could very well see .01

Look for next move past .004 then blue skies potential based on 2nd day close high of the day with higher low sets up the bull flag pattern


DEWM .0045 this stock saw similar setup in Jan which ran from this level to .046 could see the rinse and repeat effect

TXTM .0012 the stock saw a bottom at .0008 x .0009 and now back at buy zone areas last rally saw this level to .0026 range could see another move for this low floater

TRON .0014 solid bounce for this gold stock off that .0012 level saw some opportunity at the .001 level watch for the next test of .0024 high 

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