HEMP, BBDA, BCAP & Extended Watchlist

Hemp, Inc. HEMP

After being as low as .027 on Tuesday following our medical marijuana round-up, HEMP reached, and closed at a high of .041 on Thursday, gaining 52% on the week. Whenever a stock closes at the high of day we are on the lookout for momentum to continue into the following session. Granted that today is a Friday, we are going to want to leave this play on our watchlist into next week.On the chart below, we can see that the previous high (Feb.) of .05 is going to be our next key level of resistance. A break above that point, could push HEMP into Blue Sky Breakout mode, and we surely don’t want to miss out on that.

Additionally, the RSI is in the power zone, the volume and momentum has really been picking up, and the PPO recently had a crossover. We can now see that the lines are really starting to diverge.

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Bebida Beverage Co. BBDA

BBDA has been on our watchlist for a while now (July 6th), logging some monster gains in the process. The low during our time of coverage was .0015, and running as high as .019, marking a whopping 1226% gain.

The stock has been struggling to maintain an uptrend since it peaked at its high. There have been a few small bounces, but nothing we’d call sustainable.

We have a descending wedge setup happening on the chart, and once it breaks out of that pattern, we could be in for the next round of gains from BBDA.

The RSI looks ready to come off of being oversold, while the PPO is pinching, getting ready for a cross. The histogram  appears ready to flip up to the bullish side as well.

Yesterday we saw a textbook bounce off of the 100DMA (.0061), only to run into resistance at the 20DMA (.0076). The stock closed at .0065. The next resistance points are the 20DMA of .0076 and the 50DMA at .0101.

A break here could send us clear to a penny and a half, or even re-test the previous high at .019, bringing us gains of 100-200%

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Baron Capital Enterprise, Inc. BCAP

We re-alerted BCAP last Friday. We wanted to congratulate members who caught yesterday’s bounce. BCAP held support at .0007 this week just as we had hoped, and made its run to .0012.

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Extended Watchlist:

GDSM, HRDN, AONE, PDLI, SVNT,

 

LUDG | Ludwig Enterprises, Inc. | Special Report

Ludwig Enterprises, Inc. LUDG

 Today’s focus is LUDG, a niche radio broadcasting company with an interesting spin. Let us tell you why we are so excited about the potential of this stock. Some people are even comparing LUDG‘s broadcasting service to XM Satellite Radio. What distinguishes Ludwig from the competition, is that there are no monthly subscription fees, just a one-time setup, and they provide the radio!
The One™ Radio is a patented radio receiver- a mobile, multi-channel digital 2-way communication device, to be exact. The One™ offers 50 digital channels, including programming in seven major languages including English. The One™ receives old-time radio shows, news, audio books, educational, and religious programming, as well as techno and classical music.

LUDG intends to seek out agreements with various broadcasting entities with broadcast spectrum in the U.S, in order to compete in a marketplace estimated to be worth up to $1.5 Trillion!

The One™ radio is the first nationwide world radio network in the U.S. which will be the first of its kind with the ability reach a multi-cultural, national listening audience that connects advertisers to an untapped marketplace comprised of nearly 1 Billion listeners.

In addition to a promising back-story, LUDG has some nice activity happening on the stock side of things. Yesterday the stock broke above both the 20 and 50-day moving averages, running into some resistance at the high of .13, before closing just shy of the 50DMA of.1033.

The RSI is pointing north, and we are looking to see it break through the 50-line. The Slow STO recently had a bullish crossover, and is showing divergence. There is a level of support at .0908 (20DMA), and below that, at .05 and .06.

We’ve provided a video presentation of the chart below:

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This morning’s news:

POMPANO BEACH, Fla., Oct. 18, 2012 /PRNewswire via COMTEX/ — Ludwig Enterprises, Inc. (OTC: LUDG) Board of Directors to continue to support of the EB-5 qualified foreign investor program. The U.S. Congress recently enacted S.3245 extending parts of the EB-5 program for an additional three year period. Under the program a foreign investor could invest in a license for one or a pool of Ludwig’s US (domestic) market areas. Currently Ludwig has designated (25) twenty-five opportunities for EB-5 Investors i.e. Detroit, Chicago, New York, Los Angeles etc. The US Citizenship and Immigration Services (USCIS) requires each qualifying foreign investor to invest ($1,000,000) one million U.S. dollars in designated urban areas and provide a minimum of (10) ten full time jobs. Qualifying foreign investors would be USCIS eligible for a two-year visa for themselves, their spouse and their family followed by Conditional Permanent Resident status.

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More Info at http://ludwigent.com/

AAPL, MDHI & Extended Watchlist

Apple Inc.  AAPL

Apple options continue to be a lucrative venture for us. The October 20th $650 Calls that we pointed out last week did a bang-up job, yesterday running from 1.06 to 6.81 before closing at 6.15.  We also mentioned how the stock likes to bounce off of the 100DMA. As the week comes to a close those options are going to expire, however as yesterday’s 500% rip showed us, the remainder of this week could provide added opportunity. After Friday we will be turning our attention to the Nov. 17th $650 Calls.

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Medical Alarm Concepts Holding, Inc. MDHI

MDHI experienced a minor pullback yesterday, dipping to .0035, then rebounding to close at .0042, which did make for a possible 20% intraday gain. We are looking for support to hold at .0035 moving forward. There was also a bit of positive press that hit the wires this morning that we’ve highlighted below.


Fall Promotion Results in Blow Out Sales — Expect to Sell Out of Inventory — More MediPendant Product on Order from Factory
KING OF PRUSSIA, Pa., Oct 16, 2012 (eTeligis.com via COMTEX) Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK) today announced it has kicked off its fall retail Internet sales promotion programs, which are resulting in extremely strong incremental sales. In order to meet this very strong demand, the company is in the process of hiring additional staff and acquiring additional MediPendant inventory via the acceleration of factory deliveries.

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ADDED NOTE: We’d also like to congratulate anyone that capitalized on yesterday’s medical marijuana round-up report. HEMP earned us a spot on the Penny Stock Rumble top gainers list for its 39% intraday run from .027-.0374.

(We also still want to keep the rest of the plays we mentioned on watch: GRNH, RFMK, MWIP MJNA, CBIS)

____Extended Watchlist:
KNSC, EGCT, PPHM, FRO, STEM, BCOM,