Thursday Dec 17th, Premarket Analysis (Penny Stock Alerts)
Today in the Stock Market
Good Morning to you all,
A strong open in stocks in the first few hours of the day were followed by the usual whipsawing gyrations after the Fed did what was expected which is to keep rates very low well into next year.
The market (general index) is still very calm and remains in the same range, but by looking at the DOW we can see an increase in volume and the market closed near the lows not a sign of strength here…but hey we could get a XMAS surprise…
The QQQQ is still not showing enough strength to cross this resistance.
And GOLD is finally turning around, so it’s time to load on Gold stock if you have not started yet….
CGLD which we have been trading in the summer has been moving well lately and shows that it can move on good volume, i like it right now and want it to move over $0,98 on good increase volume to make it a buy.
BRYN also another gold stock is consolidating and should be ready to go again soon.
RVBF is being bought right now into this area and i think we should see another move to the upside soon.
I am showing you this BGEM charts just as an example of a rapid move up on strong volume, now i want to see how it will manage this, will it consolidate or go down…a few more days of trading we will know and there might be a trade in there…for us
Finally i wanted to show you this NLST stock which has been surprisingly very strong, I made a quick buck shorting it previously but it stayed up very well, that is an indication of another move up at some points.
Have a great trading day.
Francis
2 Responses to “Thursday Dec 17th, 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!
Hey Francis, thanks for showing BGEM. I noticed that MDOR has what looks like a morning star type(3 candle) signal pattern. I also see AWSL has a nice Doji showing indecision. Finally RVBF looks like a bullish harami. They ALL look like good buys. I did not get in on AGRT. Something is funny about that one with the “bid” and “ask”. If you can send me a personal email and let me know what you think before the opening I would appreciate your opinion. Thank you, Mike.
Sorry Michael,
It is sometime really not possible to get back to your comments in time, we are trying our best to do so. From next time onwards kindly drop in an email to info[at]hypergrowthstock[dot]com we will try and respond to your doubts personally.