Grid Petroleum Corp. GRPR
GRPR has behaved exactly as we hoped it would this week. We alerted the stock as a momentum play in Wednesday’s extended watchlist, at which time it was trading as low as .0013. It broke a key resistance point at .0016 and closed at .0017. This led us to include it in it in yesterday morning’s pre-market report. The stock would go on to see a high of .0029 on 12X the 3mo. average volume, marking a 123% in just two days time.
With the kind of volume we saw in GRPR yesterday, it still qualifies as a momentum play, so we’ll be monitoring the situation closely during today’s trading.
Premier Brands, Inc. BRND
BRND made a massive move for us when we first put it on our watchlist on July 10th. After a recent consolidation following that big run, yesterday we saw the stock make a nice bounce off of the 50DMA. If it can break above the penny–mark, we like BRND’s chances of providing us with some additional gains.
BRND made a massive move for us when we first put it on our watchlist on July 10th. After a recent consolidation following that big run, yesterday we saw the stock make a nice bounce off of the 50DMA. If it can break above the penny–mark, we like BRND’s chances of providing us with some additional gains.
Side Note:
AAPL $455 Calls have provided several daytrading opportunities this week, and there’s a good chance that we see the volatility continue today. They closed at $2.96 yesterday.
LNKD dropped their earnings after the close yesterday, and this morning the stock is gapping up, so we’ll be looking at in-the-money Calls at $225 and $230.
Extended Watchlist:
ALSK, ZLCS, RENN, BIOD, SORL,