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EWSI made a modest gain yesterday after we placed it on watch in our morning report. The stock traded in a range from .0593-.068 which represents an intraday move of 15%, and ended the day up just over 9% from the previous day’s close.
EWSI maintained support, making higher lows and higher highs, which puts us on the lookout for a continuation of the current uptrend.
Growlife, Inc. PHOT
PHOT was our other mention from yesterday morning’s report, and it too logged a positive performance to kick off the week. Where some newsletters struggle to bring you one gainer, we were able to hit our mark with two on Monday.
PHOT traded well from the start; it touched its daily low of .087 very early-on, and never looked back. We saw a 11.5% increase to the afternoon high at .097, and the stock closed holding most of that gain, on just under twice the 3mo. average volume.
We are now approaching its levels from early this year, meaning that this is not the first, but the second time we’ve followed PHOT from under .04 to more than .09. An old favorite like this one is sure to have a lasting spot on our watchlist, especially when it continues to deliver.