Monstrous Monday Stock Picks - 07/06/09

Saturday, July 4, 2009 Leave a Comment


ACII - http://stockcharts.com/h-sc/ui?s=ACII&p=D&b=7&g=0&id=p34236631034
Volume isn't the greatest, especially for a sub-penny, but for some reason this is drawing my attention...either it's the recent volume or the pincher on the ppo. Watch for it.

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034
Still in it, and expect some upward movement soon. I know I've said this often, but it's bound to take off shortly. Though it dipped Friday at .0047 (which I picked up some add'l shares), I still think that it is accumulating for some upward growth. They are expecting to announce details on the forward split soon too.

I'll try again on Monday for .0008. I still think this one will grow by leaps and bounds.

The doji on Friday marks indecision, but the MACD and ADX tell a different story. Good gains, and less risky for the trader IMO.

I haven't jumped in yet, just waiting. Doji on this one too. Looks like a bottom to me. Will try to jump in on Monday if possible.

Volume is the problem, and resistances are really close. Watch this one. If it breaks past .0027, it could have enough strength to break the Ma50 at .0030. It started a reversal, so I don't know which way it is headed right now.

It's time to buy buy buy IMO. I try to jump in on Monday.

This one is not done yet. Flat-lining now, but should see some action by next week.

It's got momo and broke through some resistances today. Next stop 1.55-1.60.

Starting to creep back up to the .70 range. Let's hope for a breakout this week.

Pincher pattern formed and ready. It's just beautiful. I'm in it, and glad of it.

More to watch: AMD, SANM, CRBC, XIDE, FRP, BLGM, SYNJ, LEE, BCLE, FRNTQ,

2 comments »

  • Anonymous said:  

    WNBD is outrageous! you have been dismissive in the past, but it has been moving up and looks to really break out. your opinion?

  • richarab said:  

    WNBD is looking to breakout. SPNG-ESQUE. Do you buy it?

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