Tag: BCCI

ASUV, TFER & Extended Watchlist

Harmonic Energy, Inc. ASUV

ASUV opened up at .055 yesterday, and steadily climbed all day, following alerts from us on the stock both yesterday morning and afternoon. ASUV ran as high as .109, marking a fantastic 98% gain on its second-highest volume day ever. Perfect timing on the recent bottom is what made it all possible.

One of the other reasons we like the setup on ASUV so much, is the tight share structure- 100M Authorized, 63M Outstanding, as well as the fact that the company has only $437K in total liabilities.

We are on the lookout for a possible gap up this morning after yesterday afternoon’s strong performance. As you can see on the  video chart we posted below on ASUV, the RSI is still coming off of being oversold. There is still much room for recovery, as we feel yesterday could be just day one in a turnaround that could continue to yield substantial gains.


(Includes Charts on both ASUV and TFER)

 

Titan Iron Ore Corp. TFER

Much like ASUV, TFER is coming off of its 52-week low, and as you all know, this is one of our favorite occurrences in the trading world. Recovery plays are our bread and butter, so its nice to have not one, but two plays that fit the description.

Yesterday, the stock posted a strong rally, making a 30% and closing near the high of day. In recent months TFER has struggled to punch through the 20DMA at .12. Ideally, we’d like to see a break past, and the PPS to hold above that point, in order to confirm a sustained uptrend.

We also included TFER in today’s joint video chart, pointing out that the PPO is pinching, so we’re looking for a cross there, and the RSI is on the cusp of breaking its 50DMA.

Extended Watchlist:
BCCI, FWDG, VRML, ACUR

Wednesday’s Midday Report | BTHR, GNIN, VRNI

Big Three Restaurants, Inc. BTHR

BTHR first appeared on our extended watchlist back on January 2nd. At that time we observed the stock make a run from a low of .0012, and culminate into a high of .0036 on the 7th, following our morning feature that day. That gained us 200%

This past Tuesday morning, BTHR appeared on our extended watchlist for the first time since January, and was as low as .0009 that same trading day. This morning, we observed shares trading hands at .0027, representing the second 200% move from BTHR in as many months.

We will continue to keep this gem on our radars moving forward.
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Green Innovations Ltd. GNIN

Yesterday, when we published a video chart on GNIN, we mentioned that we wanted to see support hold above its 50DMA, and break through the 20DMA. GNIN has performed just as we had hoped it would. With a low of 1.00 during trading yesterday, the stock saw a 49% move to 1.49 this morning.

We would now like to see the 20DMA at 1.25 to hold as support, and we feel there is a good chance of that. We can see the PPO pinching and getting ready for a cross, the RSI is through the 50-line and is making its way toward the 50DMA and the power zone. The indications on the chart seem to point toward an uptrend, so we definitely want to keep an eye peeled for GNIN.

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Virogen, Inc. VRNI

VRNI came out of the gate strong this morning, gapping up to .0008 and running to .001 following our morning alert that a bounce seemed likely. We saw some profit taking pull the stock back to .0007, where it filled part of that gap-up. In that sense, it’s good for the chart to fill in those gaps, so we like what we’ve seen from VRNI thus far today. The stock is trading record volume, with more than 110M shares trading hands as of 1:40PM.

The L2 shows solid support with over 20M shares on the bid at .0006 as illustrated in the screen shot below:

This Mornings News:

SAN GERONIMO, Calif., March 6, 2013 /PRNewswire/ — Virogen Inc. (OTC Pink: VRNI), a holding company specializing in data security and encryption technology, today announced the creation of a new technical consulting division, which will be the focal point of the company’s Q2 2013 strategic initiative.

Virogen’s wholly-owned subsidiary, Tiger Team Technologies (“T3”), established its new technical consulting division in response to client requests for the company’s high-level services on an ongoing basis. Recognizing that technical consulting services have long served as significant profit centers for many major technology companies, in some cases producing 60% or more of these companies’ operating profits, T3’s technical consulting services division will spearhead the company’s strategic entry into this market niche.  The move into this market niche will serve to enhance and support the marketing of the company’s flagship business offerings.

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Extended Watchlist:
EGCT, BCCI, MDIN, IDGC, REDG

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,