IWEB, WILD & Extended Watchlist

IceWEB Inc. IWEB

IWEB responded well to yesterday’s news like we thought it might, as the stock provided us with an early-morning move of 18% from .034 to .04. It was not able to get past resistance at four cents, and although we did see a consolidation off of that high, the stock was able to maintain higher lows and closed up 6.5% on the day.

As we were mentioning yesterday, the company has been great about announcing each new member of its growing roster of major clients. For the second day in a row we have another such announcement, as iterated in the PR below.


STERLING, Va., Aug 15, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation – (OTC BB:IWEB), today announced that the Company has been selected to provide a private cloud storage infrastructure to a prestigious Atlantic Coast Conference (ACC) university.

The University chose two 32TB IceWEB 2000 2U unified storage appliances; one to house video recordings from sporting events and one to be deployed at a remote data center for a disaster recovery copy. The faculty and staff will utilize IceBOX(TM), in conjunction with the IceWEB 2000 storage appliances, to provide BYOD anywhere access to the video archives. The coaching staff, administrators and athletes will be able to stream video content from their smartphones and tablets directly to video monitors in virtually any location on or off campus.


This marks the third prestigious university to retain IceWEB as a Cloud Services Provider inside of the last month. Regarding the chart, .04 has been acting as key resistance, followed by the previous swing high of .042. We’re looking for support to hold at yesterday’s low of .034. Below that, the 10 & 20DMA’s of .032 and .033 respectively.


Wild Craze, Inc.  WILD

WILD is a play that we have added to our radar this week. The stock has just begun to start trading volume, and is the current subject of a round of promotion. We’ve spotted WILD appearing in newsletters, and with the chart waking up, we are going to keep our eyes peeled for any possible opportunities that might bring.

A break of the 200DMA at .404 would send this play into a Blue-Sky Breakout


Extended Watchlist:
 INO, AMCO, ALVR, BIOL, XGTI

BRND, IWEB, GSS & Extended Watchlist

Premier Brands, Inc. BRND
While being cautious for a turnaround, we stated yesterday afternoon that should BRND manage to close at or near its high of day, that momentum could continue over into today. That’s just what happened, as the stock turned in a wildly impressive performance for the day, rocketing from a low of .0043, to as high .016 before closing out the day at .0155. Total intraday gains of 272% were possible.

For our shrewd alert of BRND we were rewarded handsomely, and as recognition for that, for the second time this week, we were named the #1 stock-pickers on Penny Stock Rumble.

We will repeat ourselves in our assessment of BRND moving forward. A stock which spikes this much in such a short time-span is always at risk of a pullback, so caution should be used. That said, we also will be monitoring closely, because another strong close at or near the high of day today could signal a carryover of momentum into next week.


ICEweb, Inc. IWEB

This week has been an exciting one. For those who may have missed it, IWEB is another stock that earned us the top spot on Penny Stock Rumble. On Wednesday morning, we put out Tuesday’s intraday chart showing the possibilities we saw for gains out of IWEB. They amounted to gains as much as 48% from .024-.0355, then several bounceplay opportunities followed, from .029-.0315. (8%), .028-.0335 (20%), & .0282-.033 (17%).


Golden Star Resources, Inc. GSS
GSS appeared on our extended watchlist from yesterday, having just come off of its 52-week lows. The stock was as low as .425 before hitting a high of .4985  A recent swing high of .5488 is going to be the next key resistance area for this gold play.


Extended Watchlist:
IGOI, ALVR, CETV, PPHM, FLST(Watching for a potential bounce setup)

LGBS, MTG, FONR & Extended Watchlist

Legends Business Group, Inc. LGBS

We like the chart on LGBS, another new play that stood out to us today as a good chart-play. The RSI has been holding firm having recently bounced off of the 50-line and getting ready to pass the 50MA overlay. There has been a solid level of support in the .0028 (100DMA) range, The histogram recently flipped up to the bullish side, and the PPO had a bullish crossover. We want to keep an eye on this play this week, as chart conditions are looking pretty ripe.

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MGIC Investment Corp.  MTG

This morning we caught MTG on our scanner, as it is trading up 20% pre-market. Taking a look at the chart, there is a large gap to fill from the beginning of August, when the stock fell from the 2.50 range, on down to .66. Considering the fact that the stock is, today, gapping up past September’s resistance, there is a fair possibility that we could see MTG continue to rally to the two dollar range, where it could fill its gap.

We’ve pointed out the gap on the chart below for your convenience. 

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Fonar Corp. FONR

Also gapping up this morning is FONR, a stock that made a big run earlier this year, trading as low as 1.81 in March, and rocketing to a high of 6.80 in April. The company released some really encouraging news this morning regarding some extremely heightened financials. We want to keep an eye on FONR moving forward as we see how this promising news affects the current momentum.

MELVILLE, NY, Oct 01, 2012 (MARKETWIRE via COMTEX) — FONAR Corporation (NASDAQ: FONR), The Inventor of MR Scanning(TM), reported today its year-end financial results for the year-ended June 30, 2012. The Company has now had nine straight quarters of profitability. For the 2012 fiscal year as compared to the 2011 fiscal year, the Company made improvements in revenues and profit across both of its operating segments, those being the UPRIGHT(R) MRI segment that includes product sales, service and repair fees, and HMCA, its STAND-UP(R) MRI center management subsidiary. All of these utilize the FONAR UPRIGHT(R) Multi-Position(TM) MRI which is also known as the STAND-UP(R) MRI. >>FULL STORY

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Extended Watchlist:

EGCT, RFMK, GDSM, CWTR, ALVR