Tag: ACI

CHTP, LBSR, XCLL, ACI & Today’s Extended Watchlist

Chelsea Therapeutics International, Ltd. CHTP

CHTP appeared on our Extended Watchlist on Tuesday after we saw a large gap-down occurring pre-market. The stock saw a low of .70 where it found support, only to turn around to hit .9399, for a possible intraday gain of 34%

After our first day of following CHTP, we like what we see. We are going to monitor this one with a more long-term approach.

____

LBSR was added as a momentum play on Tuesday, the stock came out of the gate stong, running 28% intraday from .039 to .049, before consolidating and closing out the day at .037.

The volume we saw on Tuesday certainly validated our classifying the stock as a momentum play. Should the momentum continue, it is likely that we will see additional opportunities to rake in a profit.

____

XcelMobility Inc. XCLL

Our call of XCLL on Tuesday landed us a spot on Penny Stock Rumble’s top gainers list, a feat we have now accomplished twice in as many weeks.

XCLL was a great call for us. We swooped in and caught the stock off of its 52-wk low. On Friday, after our first mention, shares were as cheap as .11. Just three short trading days later, the stock had gone up 150% to close out the day on Tuesday at .25.

According to the chart, the next point of resistance should come at .36. If the stock can’t breach that level, it is likely that we’ll see a pullback.

____

Arch Coal, Inc. ACI

We called ACI a bottom-fishers dream on June 18th, it was as low as 5.41 a few days following that, and on Tuesday hit a high of 7.63. That marks a gain of 41%

____

  AAPL (Options- We pointed out the $600 Weekly Calls on Tuesday, they ran from 2.47-4.02, dipped to 2.16, only to close at 3.10. With this type of volatility, there is ample opportunity to pull down substantial gains. )

____

Extended Watchlist:

ICPA, YIPI, IDOI, EEDG

RENU – Renuen Corp. & Today’s Extended Watchlist

Renuen Corp RENU

RENU has appeared in our newsletter and on our extended watchlist over the past couple of months.

In May, we saw it run from a low of .0016 to a high of .0073, for a 356% gain. Following that run, we experienced a consolidation, where RENU found support in the low .002’s.

Yesterday the stock began to perk its head up, hitting a high of .004. The key to the session was the breaking of the 50 & 100DMA, (.0033 & .0034).

RENU is receiving a “Buy” Rating from Barchart.com

We feel that the indicators are setting up the possibility for another big run, so we will want to remain vigilant, and keep RENU on our radars.

____

Extended Watchlist:
   ICPA, AAPT, THWI, ARNA, ACI

WEST, THWI, ACI & Today’s Extended Watchlist

Westinghouse Solar, Inc. WEST

WEST appeared on our extended watchlist Monday for the first time, and the stock turned in a great performance. From the low of .211 to the high of .30, the stock managed a gain of 42%

It’s always nice when a pick pays almost instant dividends. We are certainly going to leave WEST on our active watchlist for the foreseeable future.

This, on the heels of Monday’s exciting announcement, stating that “CBD Energy and Westinghouse Solar Received 5MW Order From Australia’s Largest Whitegoods, Electrical Retailer, Harvey Norman, Commercial Division”

The Order for Five Megawatts exceeded the value of the company’s total shipments for 2011.


____

Thwapr, Inc. THWI

THWI appears to be ripe for a rebound . We have been pounding the table on this play since last week, which was the perfect opportunity to get in cheaply as the stock had dipped to .026.

THWI has held a higher lows both days this week, at .029, leading us to believe that this consolidation period has almost run its course.

Yesterday the stock ran into a little resistance just shy of the 20DMA (.037), but once that level is breached, it would be no surprise to us if it were to continue on to test previous areas of resistance at .06 and .08, as we’ve pointed out on the chart below.

____

Arch Coal, Inc. ACI

ACI continued its recovery yesterday, stacking up some additional gains from where we first spotted it in our alert at 6.07 on Monday. Yesterday’s high of 6.49 respresents a modest gain of 7% from our initial flag. As we stated in that alert, we are looking at this play more for its longer-term potential, however, we believe it has short-to-mid-term potential as well.

The stock closed above a key resistance point (the 20DMA of 6.43), which we view as a healthy indicator. We’d like to see ACI hold above that 20DMA, we will maintain our bullish opinion of ACI.

____

Extended Watchlist:

   AAPT, ARNA, COIN, FEGR