Tag: HEMP

YLLC, STLK & Extended Watchlist

Yellow7, Inc. YLLC

Yesterday we brought YLLC to you as a stock that was trading near its annual low, stating that it was looking ripe for a bounce. As is often the case, our timing was fantastic, because the bounce indeed came to fruition! After subsiding from an early morning surge, the stock ran from .0075 all the way to .013, for very respectable intraday gains of up to 73%
–

Based on the momentum and trading activity we observed yesterday, we are going to want to keep this one on our watchlist; more opportunities could be in store.

____

STL Marketing Group, Inc. STLK

First off, we wanted to forward the notice posted to Versant’s Facebook page yesterday:

“We wanted to thank everyone for their calls regarding yesterday’s earthquake in Guanacaste, Costa Rica. All Versant personnel are fine and the project site as well. We are in an area known for its lack of earthquakes and just in case, when they are built the tower specifications for our site will have the same seismic code as California.”

–

Those of you who may have missed our reports on STLK from earlier in the week, might want to look them over.

–

Over the weekend, STLK began updating its filings, in order to get current on information with respect to the merger with Versant. We’re expecting the Caveat Emptor status to be removed at any time now. Once we see the status updated, we think we should start to see more information released by the company with regard to the merger.

–

As far as the chart is concerned: Earlier this week, we saw the RSI run into the powerzone, twice breaching the 70-line, and both times the stock broke out. Accum/Dist. has been on a steady incline, and the stock is holding support on this 30 min. chart, above the 50DMA of .011. Below that we have support at the 100/200DMA of .008. The PPO is pinching, getting ready for a bullish cross, and the histogram is ready to flip up to the bullish side as well, while the Slow STO also crossed with its lines diverging.

STLK has been a field day for flippers, with traders being able to enter in the low .01’s, and exit in the high .01’s for quick profits of 50% or more. For example, yesterday we saw trades as low as .011, with the stock closing at .017.

–

This is still going to be a long-term focus for us, but as we stated earlier in the week, the immediate benefits are also prevalent with STLK. Stay tuned for more updates as they become available.

____

Extended Watchlist:

MFTH, MJNA, HEMP, CBIS, PHOT, CLNP

HEMP, BBDA, BCAP & Extended Watchlist

Hemp, Inc. HEMP

After being as low as .027 on Tuesday following our medical marijuana round-up, HEMP reached, and closed at a high of .041 on Thursday, gaining 52% on the week. Whenever a stock closes at the high of day we are on the lookout for momentum to continue into the following session. Granted that today is a Friday, we are going to want to leave this play on our watchlist into next week.On the chart below, we can see that the previous high (Feb.) of .05 is going to be our next key level of resistance. A break above that point, could push HEMP into Blue Sky Breakout mode, and we surely don’t want to miss out on that.

Additionally, the RSI is in the power zone, the volume and momentum has really been picking up, and the PPO recently had a crossover. We can now see that the lines are really starting to diverge.

____

Bebida Beverage Co. BBDA

BBDA has been on our watchlist for a while now (July 6th), logging some monster gains in the process. The low during our time of coverage was .0015, and running as high as .019, marking a whopping 1226% gain.

The stock has been struggling to maintain an uptrend since it peaked at its high. There have been a few small bounces, but nothing we’d call sustainable.

We have a descending wedge setup happening on the chart, and once it breaks out of that pattern, we could be in for the next round of gains from BBDA.

The RSI looks ready to come off of being oversold, while the PPO is pinching, getting ready for a cross. The histogram  appears ready to flip up to the bullish side as well.

Yesterday we saw a textbook bounce off of the 100DMA (.0061), only to run into resistance at the 20DMA (.0076). The stock closed at .0065. The next resistance points are the 20DMA of .0076 and the 50DMA at .0101.

A break here could send us clear to a penny and a half, or even re-test the previous high at .019, bringing us gains of 100-200%

____

Baron Capital Enterprise, Inc. BCAP

We re-alerted BCAP last Friday. We wanted to congratulate members who caught yesterday’s bounce. BCAP held support at .0007 this week just as we had hoped, and made its run to .0012.

____
Extended Watchlist:

GDSM, HRDN, AONE, PDLI, SVNT,

 

Today’s Focus: Medical Marijuana Stocks

Today, we are focusing on medical-marijuana related plays, as these high-flyers are really generating a buzzright now! Below is a listing of marijuana related stocks that we will be observing today. Upcoming ballot votes next month in Colorado, Washington, and Oregon to legalize marijuana have investors diverting their attention toward these related stocks. It is for that reason that we are poking our noses into it, making sure that we don’t miss out on any prime opportunities for gain.____

GreenGro Technologies, Inc. GRNH

Hemp, Inc. HEMP

Rapid Fire Marketing, Inc. RFMK

MediSwipe, Inc. MWIP

Medical Marijuana, Inc. MJNA

This is one that we’ve been tracking for quite awhile, so many of you will be familiar with MJNA. Yesterday the stock hit a high of .0755, after having been as low as .032 since we’ve been following. A gain of 136% was possible there.____

ADDED NOTE: We are going to be gearing up to introduce some brand new and exciting plays later this week, so be sure not to miss any of our publications.

____

Extended Watchlist:

RENU, CFGX, EGCT, CGUD, BRND, NOOF, THLD, LXRX