IWEB, CLNO & Extended Watchlist

IceWEB, Inc. IWEB

IWEB is looking strong this midweek, after having achieved higher lows and higher highs for the past three sessions. After the initial run we saw out of IWEB last week from .024-.0355, and several subsequent bounces, the stock settled back and found support around our original alert price. Since then it has been steadily building back up, currently holding above the 50DMA of .0259. Looking ahead, our key resistance point is last week’s swing high of .0355.

Although IWEB has worked out well for us in the short term this week, we are still attracted to the stock for its long-term potential as well. We’re anxious to follow along as the company continues to pursue its well-laid plans for expanding into a full-range cloud services provider.


Cleantech Transit, Inc. CLNO

Many of you will recall CLNO as a stock that brought forth the chance at nearly 5000% in gains this spring, as it exploded from our original alert price of .0055, to a high of .365. At that point we saw a tapering of the chart, and after observing a bottom, yesterday we got CLNO back onto our watchlist just in the nick of time.

After opening at .13 and touching a low of .12, the stock rose as high as .225, an intraday gain of up to 88%


Extended Watchlist:
SPEX, INSM, ABIO, RNN

BRND, CRWE & Extended Watchlists

Premier Brands, Inc. BRND

Yesterday morning we said that we’d need BRND to hold support above a penny to keep our interest, and it did just that and much more. As you can see on the intraday chart below, after an initial pop of 92% from .013-.025, we also saw major bounces from .0185-.027 (+46%), and .02-.025 (+25%). These were in addition to several other bounce opportunities throughout the day, and let’s not forget the nearly 800% in gains it yielded last week.

We are still waiting to hear more about the planned line of premium vodka that the company has teamed up with basketball star Dennis Rodman to market. In the meantime we intend to continue taking advantage of any further opportunities presented by this volatile stock.


Crown Equity Holdings, Inc. CRWE

Since a golden cross on the CRWE chart back in May, the stock has been performing quite well. After appearing in yesterday’s extended watchlist, it provided us with a chance to make make 20% gain intraday.


SIDE NOTES:

Solar stocks appear to be gearing up for an uptrend in what is often a cyclical trading pattern. For that reason, we’ve been keeping an ongoing watchlist of solar plays. In case you missed the previous report containing that watchlist you can find it here.  In addition to that solar list, we are also adding HSOL and ASTI to our radar.

Appearing in the extended watchlist of that same solar report was Green Energy Renewable Solution, Inc. EWRL. Ever since, the chart has stair-stepped its way up, coming from a low of .0095 to hit a high of .024 yesterday. That marks a move of 153% That company will soon undergo a name and symbol change as per a recent announcement that it had merged with Cirque Energy II, LLC. The new name will be Cirque Energy, the new symbol has yet to be designated.


Extended Watchlist:
IWEB, CLNO (Finding support off its 50dma), BONE, SPPI,

 

BRND, IWEB, NVIV & Extended Watchlist

Premier Brands, Inc. BRND

After discovering BRND’s news with Dennis Rodman and delivering our initial alert on the stock Thursday morning, we saw this juggernaut bull its way from a low of .0043 to Friday’s high at .0359. That represented an overall move of 735% over just two trading sessions.

As we always do with such a rapid gainer, we urged caution as we remained on the lookout for a pullback. That began to occur on Friday afternoon, with the stock closing at .0115. Today, we’ll be monitoring BRND for any possible bounce opportunities. We’ll need to see it hold a minimum support level of a penny in order for us to stay interested.


ICEweb, Inc. IWEB

IWEB brought us the chance for nearly 100% in cumulative gains last week, with a 48% initial run following our first report on the stock, after which we saw roughly 45% in subsequent bounces.  This is likely to be a stock that remains on our radars for quite awhile, as we follow along with the company’s efforts to expand their cloud services business. We were informed this morning of another development involving a large sale to a prestigious client.This Morning’s PR:

STERLING, Va.–(BUSINESS WIRE)– IceWEB Storage Corporation – (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Solution, today announced that the Company secured an order from an Ivy League University for up to 5,000 users.

 The University chose an IceWEB 2200 2U IceBOX storage appliance with 4TB capacity expandable to 48TB. >>> FULL REPORT


InVivo Therapeutics Holdings Corp. NVIV

NVIV is new to our reports today, and is a stock with a very intriguing backstory. The company is currently in the process of developing technologies to treat spinal cord injuries (SCI) with unprecedented success, if early tests are any indicator.

InVivo plans to culminate these technologies into unique products it intends to bring to the medical field. These include a bio-compatible polymer “scaffolding” device which is used to treat acute SCI’s, as well as a controlled-release methylprednisolone “hydrogel” which could replace injections currently used for some SCI’s.  The products have been tested, and demonstrated to promote functional recovery following traumatic SCI’s in several test subjects including rodent and non-human primate models.

This is definitely going to be an interesting stock to follow, especially with the current chart setup. We are seeing a definite uptrend, as the RSI heads into the powerzone, and the MACD recently underwent a bullish cross, as we’ve pointed out on the chart below:

 


Side Note:
On the options trading front, we are looking at LULU $65 Calls this morning.


Extended Watchlist:
CRWE, RNN, KNDI, XOMA,
LEAP (To be acquired by AT&T for 15$ a share)
PMCM (Possible momentum carryover from last week)