GRNH, HEMP, MJNA, CBIS, PHOT & Extended Watchlist

GreenGro Technologies, Inc. GRNH

After topping out at a high of .108 on Monday for gains of 731% over the low of .013 since we’ve been following it (Oct.16th), GRNH had a consolidation, and found support at the 20DMA (.036).

Yesterday, the stock made a significant rebound, pushing back to the six-cent range, showing itself as a classic case of ‘dip-and-rip’. We’ve seen a slough of nice gains out of this stock, and yesterday’s bounce shows just why we pay such close attention to the moving averages.

Moving forward, we’d like to see the 20DMA hold as support. Should it dip below that level, we’d need to see support hold at the 50DMA. On the flip side of the coin, we have resistance at Monday’s high of .108.


MJNA, HEMP, CBIS & PHOT

These are some of the other medical marijuana stocks to which we’ve been paying very close attention since Oct.16. After making great moves, like GRNH, these all saw a bit of a consolidation, and have now begun to heat up again. For this reason we will continue to monitor them carefully going forward, waiting for the right opportunities to present themselves.

Out of all these, it would appear PHOT has the ripest-looking chart:

We can see on the chart above, that the RSI is breaching into the power zone, and the stock is approaching a major resistance point at the 200DMA. A break past that point could mark the beginning of another major run for PHOT. The volume yesterday reached an all-time high as well. The PPO is pinching in for a cross, while the Slow STO crossed over and punched through the 50DMA.  With the way that these indicators are shaping up, we feel that PHOT is just about ready for another wild run.

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Extended Watchlist:
RAYS, GRDO, HHSE, GMXS

Incoming search terms:

  • raystream promo

VHGI, GRDO, EXTO | Today’s Stock Watchlist

Guard Dog, Inc. GRDO

As we stated yesterday, GRDO has a key resistance point at .0012, and it did bump into it before closing out the day flat at .0011.

It has performed well in the past for us, which is why you continue to see it on our watchlist. Accumulation/Distribution has been steadily rising since the the 13th, as you can see on this chart. In addition, the parabolic SAR is in an uptrend, not to mention the fact that the 50dma is rising toward the 200dma, heading for a Golden Cross.

GDRO is currently receiving a “Strong Buy” rating from BARCHART.com

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VHGI Holdings, Inc. VHGI

We first called VHGI on December 9th, it was as low as .21, a fraction of today’s price (.70). The stock has been as high .749 (+257%), before undergoing a consolidation. The stock is now trading in a narrow channel between the mid-.50′s and the .70′s.

The RSI recently bounced off of the .50 mark, and we have seen two consecutive days of modest gains. With a favorable MACD setup, we are liking the look of the chart from a long-term standpoint.

VHGI is currently receiving a “Buy” rating at BARCHART.com

This Morning’s News:

VHGI Holdings, Inc. Completes Acquisition of Lily Group Inc. and Secures $13,000,000 Debt Financing

FT. WORTH, Texas, Feb. 22, 2012 /PRNewswire via COMTEX/ — VHGI Holdings, Inc. (OTC.QB: VHGI) announced today that its wholly-owned subsidiary, VHGI Coal, Inc. has completed the acquisition of all of the stock of Lily Group, Inc., and in connection therewith, Lily Group has secured a $13,000,000 debt financing in order to refinance certain existing debt of the Company, pay vendors, pay costs of the transaction and for short-term working capital purposes.

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Exit Only, Inc. EXTO

We mentioned the tight channel in which EXTO has been trading of late, between .006-.007. Well, we once again saw a break in that pattern yesterday, with the stock running 50% intraday from .006 to .009. It closed out the day up 21%, exhibiting its ability to bounce for some nice gains.
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The RSI is indicating some room left to grow, and we are witnessing a MACD kiss, so we will be keeping EXTO in the forefront of our minds, and near the top of our tickers.
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EXTO is receiving a “Strong Buy” rating at BARCHART.com

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  • exto news and stock price

APP, GRDO, SUNB, CRPZ, EXTO | Today’s Stock Watchlist

Sunbelt International Corp. SUNB

It seems some other groups are finally starting to catch up to the SUNB party, which is a good signal for us to start gathering our things and preparing for departure!

You have to get it where you fit in with these things, and we certainly did just that, so it is time for us to consider our exit, after enjoying a run from .165-.43 for gains topping 160%

Guard Dog, Inc. GRDO

GRDO on friday, closed with strong with some significant buying late in the day to finish up 22%.
We’ve got a new support level at .0008, and a key resistance point at .0012, and once the stock can break that point, its headed for blue skies…

The chart is looking nice as well:

We want to be around to see what happens after that occurs.

Convenience TV Inc  CRPZ

We are still watching this reader pick that has done well for us recently, with the stock having gone as high as .007. We want to continue to monitor this one in the weeks ahead for added gains.

Exit Only, Inc. EXTO

EXTO has been trading in a tight channel from .006 to .007
We are monitoring for any substantial volume increases, which could cause another pop.

For those who remember, the stock was trading .0025 first mention this past July, and is still holding roughly half of the gains seen from hitting its high of .0129.

Our longtime followers will recall that EXTO made a 415% move after that first call.

American Apparel, Inc. APP

Here’s another past pick where the chart is setting up well; it looks like the MACD is ready to cross.

We called APP shortly after it hit its 52-wk low(.52), and enjoyed an unbelievable run to a dollar.

The stock is now trading around .71, so here we have yet another stock holding roughly 50% of its gains. So like EXTO, we will be watching APP closely because we know its potential.

SVMI, GRDO, CRPZ, LOGL, OPMG, BPAX | Today’s Stock Watchlist

SaVi Media Group, Inc. SVMI

SVMI has made gains every single day last week for a total of six consecutive trading sessions in the green. The stock hit a high of .015 of Friday, which, from our post-alert low of .006, that’s a cumulative gain of 150%

We like the way that the momentum in SVMI has been increasing, and are eager to see that continue into this week. We are going to take any pullbacks as added opportunity to increase our positions, as we feel that SVMI has value over the longer-term.

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Guard Dog, Inc. GRDO

Following a 20% gap-up, GRDO saw a volume surge on Friday, peaking at our previous high of .0009, and closing out the day up 40% at .0007.

We like the look of the chart on GRDO; the MACD is currently kissing and looking for a cross, and the 50DMA recently crossed the 100DMA, rising toward the 200DMA.

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Convenience TV Inc. CRPZ

Early in the day on Friday, we saw a selloff to a new low (.001) in CRPZ. Immediately following, the stock surged to find a new high at .007, for a possible intraday gain of 600% on over 10X its 3mo. average volume!

CRPZ is a perfect example of why it seems like a good idea to keep an active watch over the stocks we are monitoring. Our running watchlist has brought us more gems than we can mention in one breath, this time providing the opportunity for savvy traders to make an absolute killing.

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Legend Oil and Gas, Ltd  LOGL

LOGL saw gains for all five days last week, totaling 27% for the duration. We have honestly lost track of the amount of recent successful bottom plays that we have executed. LOGL is no exception.

Troubled stocks tend to invoke images of ominous grey clouds–yet time and time again, we’ve made winners out of stocks by finding that silver lining.

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Options Media Group Holdings, Inc. OPMG

Speaking of bottom opportunities, we happen to have a new one for you this morning. After doing our routine scans for bottom-plays, OPMG stood out like a four-leaf clover amidst an interminable patch of weeds.

This bottom recovery play made a higher low on Friday, traded uncharacteristically high volume in a tight channel (.0062-.0063).  The RSI appears heavily oversold, giving a strong indication that these are bargain-basement prices.

We want to keep an eye on OPMG for potential profits arising from its recovery.

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Today’s Extended Watchlist:
CWET, SUNB, BPAX

BPAX, GRDO, ATRN, TRID, AACS – Stock Watchlist Recap

We wanted to send out an afternoon update to include all of the stocks that have been keeping our interest of late. Last year was one of our best ever, and it looks like 2012 is getting off to a similar start, with some excellent bottom-bounce plays that have provided us with ample gains. 

BioSante Pharmaceuticals, Inc. BPAX

Our first BPAX alert came with perfect timing on December 16th, one trading day before it reached its bottom at .38. Yesterday, it reached a new high of .596, and is retesting it this afternoon. From, .38, .596 represents a 57% gain.

We still believe there to be significant gains to be made moving forward for BPAX, as the chart is just starting to fill a huge gap.

Guard Dog, Inc. GRDO

We are still amped up about GRDO, as it is holding solid support at .0005, and resistance at .0008 seems to be thinning.

The 50-Day moving average has started to take a sharp turn North, and it appears as if a Golden Cross could be in the making as it begins to converge with the 100DMA.

The chart is looking ripe with the MACD having just crossed, and currently the RSI is not looking overbought, with plenty of room to run into the power zone.

Atrinsic, Inc. ATRN

ATRN broke its previous resistance at .03, and tested a new high today of .033. When we first spotted ATRN, it made a 100% move only to dip to .0148, giving savvy investors a second chance to see triple digit gains in less than a week.

The way ATRN has traded warrants it a spot high on our watchlist.

Trident Microsystems, Inc. TRID

TRID was a new bounceplay added to our radar yesterday. Much like with BPAX and APP, the past few bounceplays, our timing here was impeccable.

Yesterday’s low of .075 to today’s high of .0939, marks a 20% gain, not too bad a turnaround for a 24-hour period. We always like to see stocks continue to make higher lows as has happened here, today’s low being .079. We’ll be watching for that trend to continue.

American Commerce Solutions, Inc. AACS

AACS was added to a lot of folks’ watchlists yesterday with a drastic increase in volume. We want to see a continuation of the momentum we are witnessing today.

AACS is off to a decent start, up over 15% on the day.

Our picks of the new year have already afforded us several hundred percent in gains, so be sure to stay with us moving forward as we continue to root out what we feel are some of the best opportunities to see rapid profits in 2012.