Thwapr, Inc. THWI
On June 20th, we identified support for THWI at .026. We have seen that support hold, and yesterday, the stock hit a high of .04, for a possible gain of 54%, and closing out the day at .035 (+35%).
Moving forward, we would like to see THWI take out resistance at the 20DMA of .037. If it can rise above that level, we feel there is a chance for it to test the 200DMA (.058).
Yesterday’s volume was 2X the 3mo. average, and we just might see a continuation of that, with added help from today’s news:
LAS VEGAS, June 26, 2012 /PRNewswire via COMTEX/ — Thwapr, Inc. (OTCBB: THWI), a mobile video sharing company, will be showcasing its proprietary mobile video sharing platform in a high profile event in Asia – The SME1 Asia Awards 2012.
This exclusive by-invitation-only event is attended by the CEOs of successful Asian companies, industry leaders and government officials from Singapore, Malaysia, Indonesia, Cambodia, Korea, Thailand, Myanmar, and China. This elite event recognizes and rewards successful Small and Medium Enterprises in the region that contribute to the development of people, society and the environment.>>>MORE
VHGI Holdings, Inc. VHGI
VHGI set a solid candle on the chart yesterday, with the open of .05 being the low of day, and the close of .08 being the high, putting up a great perfermance, gaining 45% on the day.
The volume was relatively low, which could be an indicator that the selling pressure has dried up, leaving the bottom on this stock behind us. We’ll just want to make sure we keep an eye on this one for support to hold at .05.
East Coast Diversified Corp. ECDC
ECDC earned us a spot on Penny Stock Rumble‘s winners list, trading over $125000 in dollar volume, and running from .0025 to .0034 for a gain of 36% on Monday. That marked the third winner we called yesterday, and added to the other gains, we were over 100% for our calls on the day.
Energy Edge Technologies Corporation EEDG
One of our selections from last week also did very well on Monday. EEDG appeared on our Extended Watchlist on Friday. After a .07 close, the stock turned around to hit a high of .153 yesterday, gaining 119%, while giving everyone a sharp reminder NOT to overlook our Extended Watchlists, which we provide for you every single day. It often contains hidden gems such as this.
ARNA, BKW, VPER, EHC