Skystar Bio Pharmaceutical Company SKBI
SKBI is new to us, and it caught our eye as one we’re going to need to watch over coming sessions. It has recently been trending up on light volume, and we like the setup of the chart; as you can see below there are a number of tech indicators pointing to the possibility of further gains. We’ve got a rapidly strengthening RSI rushing toward the 50-line, along with a recent MACD cross showing sharp upward divergence.
We’re going to want to see SKBI hold the low .60’s range as support going forward to maintain our confidence in its ability to keep stringing together more positive sessions.
Coastal Integrated Services, Inc. COLV
COLV was included in yesterday morning’s extended watchlist as an item of interest, and it did perform well enough for us to leave it on our radar to watch for a possible continuation of momentum.
The stock traded in a range from .0011 to .0015 for a modest 36% intraday burst, and it came in on slightly higher than average volume. In order to hold our attention, COLV needs to continue to establish higher base levels of support so to start with we’ll be looking for it to maintain above yesterday’s .001 swing-low.
Penn Virginia Corp. PVAH
We mentioned PVAH in yesterday’s daily report, and the stock posted a decent intraday performance even despite having been recently delisted from the NYSE and relegated to trading on the OTC.
From an early low of .058 the stock managed a healthy 46% pop, running as high as .0848 on the day. Like the aforementioned play, we want to see PVAH trade no lower than yesterday’s low to keep our interest piqued into next week.
Extended Watchlist:
TALK, BTFL,MCOA, GDPM(coming off lows), SIRG(momentum play)