Thursday, March 6, 2014

Watchlist 3/7/14

TAUG  - Watch for breakout above .029
VPER  - Watch for breakout above .0034
PTOG  - Watch for breakout above .06
DDCC - Watch for breakout above .03
FRTD   - Watch for breakout above .03

HEMP - I'm expecting hemp to bottom out between .10 and .11 on the Friday the 7th or early next week at the latest. I anticipate a run back up to around .16 unless the entire sector takes off in which case maybe mid .20s is possible.

PHOT - I think we will likely see another test of the resistance at .42. If it can close above .42 I would expect a run to .48 or .50 over the coming weeks.

SPLI - Closed above resistance of .086 and seems to have established a new base. I think this is a possible by on an up open with a stop at the g/r line.

LVVV - A strong buy at .14 with good volume.



2 comments:

  1. 3/13/14

    EXMT - Watch for break out at .01 and expect upside to at least .013 or maybe .015

    STSI - Watch for break out at 1.14 and hope for upside to about 1.34

    MLCG - Looks like it has put in a reversal and I would expect it to open up and run a bit on the 13th. This would have been better to buy late in the day on the 12th but if you can get a good entry, it should be good for a penny or two at minimum. Id watch carefully around .064 and get out if it's not showing strength.

    TTDZ - Looks like a buy if it breaks .01 with resistance at .0133 and .0140.

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