Another Great Chatroom Call
We’ve been advocating for our daily live trader’s chats pretty heavily lately, and this morning we’ve got yet another example of why. We compile and publish our daily reports every morning between 15-30 minutes prior to the opening bell. We still manage to find great opportunities in the premarket, but sometimes the real movers don’t reveal themselves until regular trading commences. That’s where the chatroom comes in, giving us and our participants the chance to ID solid plays on the fly.
BLDV was one such play, which, subsequent to our chatter’s mention, went on a run from .0005-.0017 for a fantastic intraday rip of 240%
Our chats are open to any of our subscribers who wish to participate, or merely observe, and are conducted exclusively via Skype. Send a contact request to username ‘stocksumo‘ and get involved today!
SkyPeople Fruit Juice, Inc. SPU
We signaled SPU on Monday morning after noticing that it was searching for a bottom. We were mentioning as much in yesterday’s report , along with the fact that our bottom call had been sharp, after the stock bounced off of the 2.30 mark and began to climb 45% to 3.3299.
We also noted that SPU still had a monster gap on the chart to the upside, and for the second straight session the stock hit a new high. It traded in a range from 2.72 to 4.33, which goes down as an intraday move of 59% From the previous day’s low, it marked a two-session upswing of 88% which occurred on 21X the monthly average volume.
SPU has already been a great bottom bounce call for us, but with the kind of momentum that’s currently present, we’ll continue to watch for it to register higher highs, and higher lows over coming sessions.
Extended Watchlist:
JASN, PFIN, BVTK, NNSR, NMM, SPCL, ASPS, NURO, SPHS