April 30th 2009


Today in the Stock Market
Dear Fellow Trader,

*** There is a glitch using Firefox today, the charts will not load, so if you can use Explorer you will be able to see them. I will make sure it’s fixed for tomorrow.


Wednesday was definitely positive as the market is grinding it’s way up…

The Market

The Nasdaq is slowly pushing outside of the resistance as demonstrated by the QQQQ chart.


QQQQ%20April%2030%20 April 30th 2009

MicroCap Hot Stocks

I will start as usual with the stocks that we hold position on the basis of a future move. One of the first is PGYC and they had a big news today and i think that slowly the value of what they have will start to get recognized in the market. The charts look definitely good here.

PGYC%20April%2030%201 April 30th 2009

LVLV is also doing well here being accumulated progressively.

LVLV%20April%2030%202 April 30th 2009

ABTG that we showed this yesterday is looking to go up from here, the entry was about 0,16 so you can still take a shot at it tomorrow as the entry is not far..

ABTG%20April%2030%203 April 30th 2009


Now i have a few other names that are good to start following.

ACTC has this tight accumulation pattern that we like.

ACTC%20April%2030%204 April 30th 2009


GWGI might stabilize somewhere and it could resume to the upside fast.

GWGI%20April%2030%205 April 30th 2009

SSLR also could comeback a little bit toward the base around 0.34- 0.35 and i would like to buy a few, as it should resume to the upside.

SSLR%20April%2030%206 April 30th 2009

Featured HOT Stock

HLX has moved as we had mentioned in the last few days and triggered but it didn’t move much yet and the volume increase is not really there…

HLX%20April%2030%207 April 30th 2009


TTI triggered also.

TTI%20April%2030%208 April 30th 2009


PCX seems ready to go and look at the volume increase today.

PCX%20April%2030%209 April 30th 2009

ANR is getting closer to it’s downtrend line, maybe ready to break-out…

ANR%20April%2030%2010 April 30th 2009

Have a great Trading week !

Feel free to leave a comment...
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