Tag: PLUG

NURO, YRCW, PLUG & Extended Watchlist

NeuroMetrix, Inc. NURO
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A selection from yesterday’s extended watchlist, NURO put up quite the performance. The stock hit its low of 2.23 early on in the session and ran into the close, touching 2.81 (+26%) before finishing out the afternoon strong at 2.79.

Any time a stock ends on a high note, its always a good idea to stay tuned into its activity the following day. NURO is up in pre-market trading, making it a candidate to continue its run today.

YRC Worldwide, Inc. YRCW

Yesterday morning’s report mentioned that we were on the lookout for a reversal from YRCW, which had gapped down heavily from the previous session. The stock did indeed rebound off of its low of 7.06, bouncing as high as 7.96. That was good for a 13% intraday gain.

Plug Power, Inc. PLUG

We first mentioned PLUG back on February 15th. The stock traded as low as .1155 following that initial alert, and subsequently reached a high of .80 (09/10), representing an overall move of 593%.

Following that monster run we recently saw a consolidation to last week’s low of .45, and since that time has displayed noticeable signs of recovery. We are back to paying close attention here as PLUG has passed its 50DMA in premarket trading, and the MACD is on the cusp of a bullish cross. The RSI is also coming off of being oversold, and is pointing North in apparent preparation to break the 50-line.

Regaining even a portion the ground leading up to its September highs would mean significant gains out of PLUG.

Extended Watchlist:
FNMA, FMMC, OXBT, OCZ, CREG, YUME, BORN

EWSI, FREE, PLUG, IDRA, DSCO & Extended Watchlist

E-Waste Systems, Inc.  EWSI
Following Friday’s newsletter, EWSI opened at its low of day at .043, and would go on to close at its high of day at .05, marking an increase of 16% This comes after we pointed out the stock coming off of a recent bottom, and with a bullish close like we saw on Friday, we are going to be watching this one to make higher lows and higher highs to confirm the current uptrend.

We were clued into re-alerting EWSI on Friday as a result of a good chart setup on both the RSI and the MACD. With no morning gap-up, Friday’s 16% move was purely realized gain.

We have witnessed EWSI run to ten cents in the past, so we know for a fact that it is capable of much larger gains. Indicators seem to point to the current push spanning multiple sessions, leaving it high on our watchlists as we begin a new trading week.

FreeSeas, Inc. FREE
 Over the course of a few weeks since we alerted FREE for the first time on 09/10, we have seen FREE go on a mammoth run from .2213 all the way up to .9287, an increase of 320%

Following that peak, the stock has pulled back to find support in the .60-.70 range, and now have it on watch for another possible leg up from these levels. The next key area of resistance from here is going to be the 200DMA at .98.

Plug Power, Inc. PLUG

We first called PLUG on 02/15 as a “potential recovery play” right after we noticed the stock hitting its 52-week lows. What we ended up seeing from PLUG was a recovery, and then some. Over the past several months, the stock not only regained the ground to where it had fallen off a cliff in early February, but the stock has continued its ascent, touching a high of .80 in early September.

As you can see, gains of nearly 600% were possible for anyone who had caught this play at or near its 52-week low on the heels of our initial alert.

Idera Pharmaceuticals, Inc. IDRA
& Discovery Laboratories, Inc. DSCO

Both of these stocks gapped up on Friday after appearing in our extended watchlist, and we still have them on our radars heading into this week.

Each stock traded large volume during Friday’s sessions, so we’re interested to see if they can build up some momentum.

Extended Watchlist:

RNN, ONVO, ONTY, CTIC, TKMR, ATOS(Huge gap down, watching for a potential bounce)

Blue Horseshoe Stocks: FREE & Extended Watchlist

FreeSeas, Inc. FREE

FREE set off our volume scanners yesterday, a stock that had recently been trading in the .17-.26 range until a surge of buying pushed it through a triple top, breaking recent resistance at the 50DMA with authority.

Whenever our searches turn up a momentous play like this one, we have to give it our attention. As we pointed out on the chart below, the next areas of resistance come at .33 and .38, and other indicators appear to be favorable. FREE is definitely going to be on our watchlists as we cruise into midweek.


Extended Watchlist:
PLUG, INO, DRYS, LLEN, NEWL, NVIV