Hemispherx BioPharma, Inc. HEB
HEB is new to our report this morning; we wanted to point it out due to a chart that On Monday, the stock pulled back below the 100DMA for the first time since July. From July-Sept. HEB ran from .262-1.10, for chances at gains on the order of 320% We are keeping an eye peeled for this one, as we would be glad to take even a fraction of that kind of profit, should the stock break out again.
We’ve seen a chart phenomenon known as a Fibonacci retracement (50%). We’ve identified the key level of resistance as .68, which coincides almost exactly with the 100DMA of .67. A break past this point could be the key that unlocks much heftier gains.
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Pacific Ethanol, Inc. PEIX &
BioFuel Energy Corp. BIOF
We wanted to revisit our old favorites, ethanol plays BIOF and PEIX. We have grown accustomed to mentioning these stocks in the same breath, as we have observed that they trend together quite regularly.
We noticed these familiar stocks on our scanners yesterday, and saw them beginning to heat up once again, each testing their 50DMA’s. We want to keep these two near the top of our watchlist. Our experience with these stocks in the past has brought us highly substantial gains.
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Extended Watchlist:
BCCI, YMI, CLWR, ELAY, AZFL, APDN, DSTI, PFNI,