Tag: PCFG

ERBB & Extended Watchlist

Tranzbyte Corporation ERBB

The medical marijuana plays we’ve been following didn’t quite continue their recent momentum on Monday, with the exception of ERBB, a point of recent discussion which was well into the green. We’ve followed this stock throughout the course of its recent uptrend.

Back on November 13th, we said: “We are looking for when the 20DMA surpasses the 200DMA”, and sure enough, as we point out on the chart below, a golden cross seems imminent. In addition, the RSI is moving toward the power zone, and  the Slow STO is prepping for a crossover.

Other Medical Marijuana related stocks we continue to monitor include: CLNP, CBIS, HEMP, GRNH, MJNA, PHOT

Extended Watchlist:
ABOT, PSWS, PCFG, ISON, SPBU, GLTV, GWYT, WSHE

 

MDHI, EGCT & Extended Watchlist

 

Medical Alarm Concepts Holding, Inc. MDHI

MDHI had a strong performance yesterday, achieving higher highs and lows on more than twice its 3mo average volume. The chart continues to look strong indeed, giving us reason to believe that we could be experiencing a multi-day or even multi-week play.

Yesterday the price breached a key level of resistance we pointed out in our morning report (.0053), at one point reaching as high as .006. That brings the total possible gains since we first began talking about MDHI (@.003) to a full 100%

We’d like to see the resistance level broken yesterday at .0053 hold as the new support level. Accum/Dist is still on the rise, and the RSI & Slow STO are climbing toward the powerzone.

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Ecologic Transportation, Inc. EGCT

Those of you that are new to our newsletter should get yourselves familiarized with EGCT. We have been covering this stock on and off since July. The stock has since made two nice runs for us from the low .20’s to the mid-to-high .40’s. It will continue to be on our radars, especially as we wait in anticipation for further details on the company’s currently progressing acquisition of the reknowned ACE Rent A Car company.

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Side Note: SRGE proved yesterday to be a worthy addition to our extended watchlist, surging from a low of .0026 to .0044 before closing at .0032, making gains of up to 69% possible in the interim.

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Extended Watchlist:

SWHC, NOK, ROSG, PCFG, AAPL $680 Calls (Options)