Tag: AZFL

MWIP, SCXN, & Extended Watchlist

MediSwipe, Inc. MWIP

MWIP closed at its high of day on Friday of a penny on record volume since Sept. ’11. High volume at heightened prices is often a signal that new investors are accumulating the stock, churning out the flippers and profit takers from lower levels.

It’s always a good idea to lock in profits when we have the chance to do so, and we certainly have given everyone that chance, with yesterday’s high representing a 317% rise from the low since we began talking about MWIP.

As stated in Friday’s report, the next key resistance point is going to come at .0125. With the way MWIP closed on Friday, we wouldn’t be surprised to see a continuation of momentum into today’s session.

Typically a gap up is followed by some profit taking, so we’d really like to see support hold at a penny, in the event it dips back to fill that gap.

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Scout Exploration, Inc. SCXN

SCXN is new to our reports today. In October, this stock was as low as a nickel, and it caught our attention on Friday after hitting a new 52-wk of .39, trading record volume in the process, to tune of more than 6X it’s 3mo. average.

Scout Exploration has a really interesting backstory- The company has been developing an ‘Oil-Spill Response System’ for the better part of 5 years now. In a nutshell, it has developed a line of unmanned first-response vessels that can be deployed via aircraft, as opposed to traditional implements which are deposited at the spill site by sea. In effect, it is their aim to greatly decrease response time of spill remediation. Faster response times could make a world of difference in dealing with the type of accident that spreads and worsens every minute it goes un-contained.

That’s why we are interested in watching SCXN move forward with this great idea, because it serves a real need. After seeing the kind of devastation caused in the Gulf of Mexico from the recent BP catastrophe and the mishandling of the clean-up, we think it’s about time that someone developed a faster, better way of facilitating rapid and effective action when the unthinkable occurs. SCXN is in the process of doing just that, and we’ll be watching with fingers crossed, because their success would mean something of great significance, not just for the stock but for the world at large.

Take a look at this video about Scout Exploration, Inc.

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Extended Watchlist:
AZFL, VELA, SFIN, CIRC, STWG, VOIS, TGIC, BRTX, ENZN, NOK

APDN, MWIP, ONCY & Extended Watchlist

APDN had an impressive day for the second consecutive session. The stock ran up until it hit a patch of resistance at.295, right where we asserted it would come. When added to Wednesday’s gains, APDN’s performance yesterday brought our total cumulative profits to a possible 44%

The stock has maintained its strength on the chart, as we’ve seen higher highs and higher lows on rather impressive share volume, and nearly $5M in dollar volume.

The next key level that we’d like to see broken through is .2965. As we said yesterday, a break past that level could send us into Blue Sky Breakout mode.

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MWIP was added to our extended watchlist yesterday after we observed the momentum it exhibited earlier in the week.

We are no stranger to MWIP, we began following this play back on October 16th when we put out our first medical marijuana roundup report. The stock was trading as low as .0031 at the time, subsequently surging to .005 before it dipped to find support between .0024-.0029.

Yesterday the stock was as low as .0055 and ran as high as .0076, an intraday gain of 38%

The buzz surrounding medical marijuana stocks doesn’t figure to slow down anytime soon, and this play could be headed to pennyland in the near future. The next patch of resistance from here appears to come at .0125. We’d like to see the previous resistance from .0066-.007 hold as support.

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Oncolytics Biotech Inc. ONCY

ONCY was another new addition to our extended watchlist yesterday, had a heck of a day, opening at .2.70, and running as high as 3.85 before closing out the day at 3.03 (+43%).

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Two days in a row, our selections have provided us with a couple of nice opportunities for profit. As we were saying yesterday morning, you really can’t find the kind of variety of successful plays anywhere else, that we provide here on a consistent basis. Here’s wishing everyone a safe and fun weekend, best of luck to all and happy trading.

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Extended Watchlist:
AZFL, FCEL, ALXA, GSV, SZYM, SRGE,

APDN, BCCI, & Extended Watchlist

After appearing in yesterday morning’s Extended Watchlist, APDN was the most traded stock on the OTC Market, with both the most trades (2340) going off, and the highest dollar volume ($5.5M). The opportunity to make a 31% gain on the day was present .

Back in September, the stock hit a high of .296; that will be a key area of resistance to breach, as a move past there could lead to a blue-sky breakout.

Indicators on the chart would seem to suggest that this is a real possibility.

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Baristas Coffee Company Inc. BCCI

While APDN was 1st on the most traded list, BCCI came in at a very respectable 11th. Another stock from yesterday’s watchlist, the stock recorded 306 trades, on just under $200K in dollar volume, while trading over $100K one day prior.

Yesterday, all the indicators on BCCI looked bullish; the RSI, PPO, and Slow STO all got above their 50DMA’s yesterday, showing impressive strength. The PPS cut past the 50 & 100DMA’s like a hot knife through butter. The next key area of resistance will be the 200DMA (.06). Back in March, that .06 mark was a previous support level, as the stock bounced off .061 to run as high as .128. Should BBCI continue its momentum, and break through the .06-.07 range, there should be little resistance on up to those previous highs.

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Extended Watchlist:
AZFL, FARE, MWIP, TELK, CLWR, ONCY,