Day: February 16, 2012

BUCS, SUNB, IDOI | Today’s Stock Watchlist

Business Continuity Solutions Inc. BUCS

 Bottom-plays seemingly abound recently, as we have got yet another one for you today. Just look at how ripe this chart is for a nice bounce:

Let’s give BUCS a spot on our watchlists today, as it could be a source of gains as this week comes to a close.

–

Sunbelt International Corp. SUNB

We added another 52% in gains on Wednesday with SUNB, bringing the cumulative total to over 100% in just a few days. While we’ve had so many recent winners it can be hard to keep track of them all, but SUNB is certainly distinguishing itself, landing us at #1 yesterday on Penny Stock Rumble for the second time in the past week.

Yesterday we mentioned that we were looking for a continuation of momentum, which finally arrived late in the day, pushing the stock to its HOD of .38 to close out the session.

–

IDO Security, Inc. IDOI

IDOI is another play with a nice chart setup that we wanted to add to the radar today. The stock has seen four major runs since December, and each time it has consolidated, its gone even higher.

We are currently experiencing a pullback from the last run to the .50’s, and it looks like it has found a level of support in the .40-range as it has consolidated.

–

We are going to be revisiting a pick that we have called in the past that has really made moves for us. We first made mention of this play in September, just before it ran 32%.

The chart looks like it is under consolidation, and the possibility of nice bounceplay exists. Stay tuned for the symbol in your inboxes tomorrow.

–

Extended Watchlist:

FROI, BPAX, GRDO