RENU, IDOI, & Today’s Extended Watchlist

Renuen Corp RENU

RENU had a record volume day on Tuesday, cleaning out what appeared to be old sellers leaning on the stock.

At yesterday’s HOD of .0046, we’ve already witnessed gains on the order of 188%

RENU rose above its 200DMA never looking back. The RSI is currently sitting at 67, ready to breach the Powerzone. The PPO recently crossed, and is kissing the 50DMA, looking like it wants to surpass that, as we’ve highlighted on the chart below. The Slow STO also crossed recently, pointing North after surpassing its own 50DMA.

Along with the recent increase in volume, it appears RENU is running with the bulls. We’d like to see it hold above its 200DMA moving forward.


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IDO Security, Inc.

IDOI has been making higher highs and lows ever since it bounced off its 200DMA at .34.

All the moving averages are steadily climbing as you can see below. The 50DMA recently crossed the 20DMA, and the 100DMA is setting up to do the same.

The RSI is showing strength, having just passed the 50 mark, and looks likely to cross above its 50DMA.

The PPO looks ready to cross as well, with the histogram about to flip up topside.

The Slow STO is exhibiting similar signs, and also heading for the powerzone.

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Extended Watchllist:
MHYS, VPER, EMWW, BMXI, VNDB

VPER, RENU, DOMK | Midday Updates

Viper Networks, Inc. VPER

Once again, we timed the bounce on VPER just right, with the stock hitting .0031 this morning; nearly a 100% gain from Friday’s low.

We have since seen a pullback, where a higher level of support has been found. We like the addition of this morning’s PR, and hope to see the LOI executed. We look forward to updates on that situation.

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Renuen Corp. RENU

RENU first appeared on our Extended Watchlist on April 30th, at which time the stock was trading just off its 52-wk low at .0016.

Today we saw an increase in volume on the stock, to the tune of greater than 5X its 10-day average. At its current price of .0033x.0036, it is currently up over 100% from that low.

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DoMark International, Inc. DOMK

New to our radar today, DOMK turned out to be yet another well-timed alert on our part. The stock gapped up today to open at 3.44 (from 3.16), hit a high of 4.71, dipped to find support at the 3.75 level, only to then bounce back, and is currently trading in the low-to-mid. 4.30’s.

Savvy traders could be walking away with intraday gains in excess of 50% for their efforts to properly time this play. In the meanwhile, record volume has traded, with over 3.2M shares changing hands. We most certainly want to keep this, and today’s other plays on our radar.

VPER, DOMK & Today’s Extended Watchlist

Viper Networks, Inc. VPER

It looks like our bottom call of VPER on Friday was good timing. We saw a gain of 14% yesterday,

From Friday’s low of .0016, to Monday’s 0024 close, we witnessed a quick gain of 50%

Today’s News:
DETROIT, May 8, 2012 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce that the Company has taken a significant step to enter the U.S. energy sector by signing a Letter of Intent (LOI) with Aequitas Energy, Inc., a profitable energy reseller based in Connecticut that will soon be operating in multiple deregulated northeastern states. >>> FULL STORY
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DoMark International, Inc. DOMK

DOMK is this morning’s blue-sky momentum alert. We like this company that operates in a trendy space; Solar powered iPad accesories.

There is a lot of activity surrounding this stock, so we just wanted to put it on the ol’ radar screen this morning.

Check out the website for more info.
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Extended Watchlist:
ECDC, GWBU