Monday Dec 7th, Premarket Analysis (Penny Stock Alerts)
Today in the Stock Market
Dear Fellow Traders,
Friday did surprise a lot of traders, AAPL had a GAP up and then tumbled, and since it’s one of the top leader, we can see that the market is starting to churn in this area…It could go either way, meaning it can cross the actual resistance we see on the DOW, NASDAQ and S&P or it could get into a small correction. We will monitor this day by day.
ALSO TAKE NOTE THAT WE SHOULD HAVE A VERY ACTIVE WEEK THIS WEEK. I had a meeting on friday with management of a company and we should be able to put it as a pick this week. And that’s without counting all the one i have on my screens….BE ALSO READY TO TAKE 4-5 POSITIONS because i can see a lot of stock bottoming and ready to explode…
Starting with the DOW, we can see that selling on heavy volume, definitely not a positive…
Then the same thing is apparent for the QQQQ.
AWSL is one of the first stock to watch carefully…it has been heavily shorted and could explode if it has some good news and if the short have to cover…
Now follow BDGN, has it looks ready to bounce back up soon, the same for KNDR and WTAR….the volume is increasing relatively speaking as they are creating reversal/bottoming patterns:
KNDR upo 50% from thursday low…
WTAR might follow KNDR as well…
Finally, I am looking for BRYN to show some good reversal signal and then we could go at it again.
Another last one to follow is KENS…it might have another go…but we need the reversal sign…with STRONG Volume…
Have a great trading week….
3 Responses to “Monday Dec 7th, Premarket Analysis (Penny Stock Alerts)”
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!
What is Comment on: MRNJ, PNTV
You don’t mention NVSR any more…….I paid 3 cents fo it… Sha’ll I still hold it..
Can you give a status of your views on PNTV????