Month: August 2012

EGCT, NOK & Extended Watchlist

 

Ecologic Transportation, Inc. EGCT

EGCT saw its third consecutive day of higher highs and higher lows on Thursday. Volume has been steady this week, and is at an increased level from weeks prior. It seems savvy investors are accumulating EGCT before its next leg-up.

BARCHART.com is currently giving EGCT a “100% Buy Rating”

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Nokia Corp. NOK

We first began talking about NOK back on July 26th, after seeing it touch its 52-week low just a couple of days prior. Following our first mention the stock was trading as low as 1.67. Yesterday it touched a new high for us at 3.21, representing a gain of 92%

The way the stock has performed thus far, combined with the makeup of the chart, we definitely want to keep this on our radar for the foreseeable future.

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Extended Watchlist:
UVXY, MCP, UPZS,

EGCT, CHMR & Extended Watchlist

Ecologic Transportation, Inc. EGCT

Word on the potential of EGCT is starting to spread like wildfire, Yesterday’s trading session produced record volume, to the tune of over 12x the 3mo average volume; almost 440,000 share changed hands.

The stock held higher lows and made higher highs, breaking key resistance at .38, and touching a high of .44, a gain of 60% off of Monday’s low at .275.

Earlier this week, we were looking for the stock to test recent highs of .48, and with the way the stock is performing, we may have to raise our expectations, as it appears this play could legitimately go into bluesky breakout mode.

All chart indicators continue to look strong, as outlined in the video chart summary from yesterday afternoon. You can view the video chart here, and we will be certain to keep EGCT at the top of our watchlist.

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Chimera Energy Corp. CHMR

Lately, it seems like our Extended Watchlist has produced as many winners as our featured plays, which is why we always suggest our readers conduct proper due diligence on every play we discuss, regardless of the level of details put forth. CHMR is no exception, having seen a low of .58 yesterday, the stock ran as high as .74, closing just shy of its HOD at .71. This made possible intraday gains of 22-28%

This is a play that just emerged this summer, running from .14-2.00 from July to August. Following that major run, there was a large consolidation, as the support came in at .26. What resulted was a dead-cat bounce.

Yesterday, CHMR passed .66, and based on the chart, the next key area of resistance doesn’t come until 1.12, so we will want to continue to keep this play on our watchlists. This could be one of those stocks that we continue to follow for some time, as we’ve thus far been impressed with its ability to bounce.

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Extended Watchlist:
IWDM, BLVT, MEXP, UPZS

NEOM, UPZS, EGCT & Extended Watchlist

Unique Pizza & Subs Corp UPZS

Yesterday’s session was a significant one for U{ZS, as it opened up and held above the 20, 50 and 100DMA’s. The next patch of resistance is .133, the 200DMA. The previous swing high in June (.16) is another resistance point. With that said, we can realistically see 30-60% on top of the 100% in gains we’ve seen thus far.

At BARCHART.com, last week’s opinion was a “100% Sell”, yesterday’s opinion showed “Hold”, and today it has been upgraded to a “40% Buy Rating”

View the video chart we prepared yesterday afternoon here:

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NeoMedia Technologies, Inc. NEOM

We’re no strangers to NEOM, having alerted the play as a momentum mover back on March 16th.  That day, it ran from .021-.0585 for a rather impressive single-session gain of 179%Yesterday, the stock enjoyed a similar jolt of momentum, as some bombshell news blasted it up 140%  It is for that reason that we are observing today, and flagging NEOM as a momentum play once again. Any time a smaller company has news involving tech giant Microsoft, you can be sure that an onlslaught of buying will follow.


NeoMedia grants Microsoft worldwide rights to license its patent portfolio

BOULDER, Colo., Aug 21, 2012 (BUSINESS WIRE) — NeoMedia Technologies, Inc. (OTC BB: NEOM), pioneers in the mobile barcode industry, today announced that it has granted Microsoft a worldwide, non-exclusive, license to NeoMedia’s patent portfolio.

NeoMedia’s IP portfolio, consisting of over 74 patents awarded and pending worldwide, encompasses many mobile barcode implementations used widely across the industry.

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Ecologic Transportation, Inc. EGCT

EGCT is another stock that we’ve been following closely, had an excellent finish to a great trading day yesterday. It made higher highs and higher lows, breaking key resistance on its second highest volume day yet. Chart indicators appear to be remaining very bullish, so in no way do we want to let EGCT fall off of our radar.

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Extended Watchlist:
ALXA, CHMR, RENU,