Infrastructure Developments Corp. IDVC
A key aspect of this week’s breakout was the breaching of the 200DMA at .0016, and we’d like to see that level hold as support moving forward. With the noticeable volume and momentum increase, IDVC has garnered itself a place on our watchlists heading into next week.
BARCHART.COM is currently giving IDVC a “56% Overall Buy” Rating
Solos Endoscopy, Inc. SNDY
Within the first two weeks of trading in the new year, SNDY was as low as .0024. By the end of February, we saw a high of .0087, representing a 263% move in 2013.
Following that big run, there was a consolidation, and we watched the PPS slip back to a low of .0036, this past Wednesday. That level is higher than the previous low from this year, and support held above the 100DMA, a positive sign.
Yesterday, the stock opened at the low of day (.0039) and closed at the high of day (.0055). That move broke through the 50 & 200DMA, and put the close at the 20DMA. It is the apparent strengthening of the chart that has us watching SNDY for its next leg up. A break of the resistance here at the .0055 area is key, and the next patch of resistance comes at a recent swing-high of .0087.
BMSN, BTHR, CLSN, GNIN, SIRI, KWK