IceWEB, Inc. | IWEB Continues Momentum

IceWEB, Inc. IWEB

IWEB continued its strong performance on Thursday, as we had anticipated, registering higher highs and higher lows for the third consecutive trading session.

After touching a low of .035, it jumped 14% to .04, a new high since our first mention of the stock. We also saw significant volume flowing, to the tune of more than 4X the 3mo. average.

Just as it did on Wednesday, IWEB closed with strength just under the high of day (.389). We’re going to be on the lookout this morning for a continuation of the momentum we’ve seen over the past few sessions.

The key area of resistance that we are looking to test is the 200DMA at .045. A move past that level would effectively put us into blue-sky breakout territory.

As we’ve continuously stated, while we have seen incredible short-term success from IWEB, our interest in the stock’s long-term potential is also still very much alive.
More Info @ www.iceweb.com


 

NVIV, CVM, IWEB & Extended Watchlist

InVivo Therapeutics Holdings Corp. NVIV

NVIV has traded as low as 4.84 since the first time we talked about it back on Monday, July 15th, and after just five trading days, hit a high of 6.20 this past Monday.

We’re going to have this stock on our longer-term watchlist moving forward, and would like to see the stock maintain support above 5.00. The technologies they have developed have the potential to be game-changers in the field of spinal cord injury treatment.

Earlier this month, InVivo announced it would be teaming up with the New York Mets to create Major League Baseball’s first Spinal Cord Injury Awareness Day on Sunday, September 15th at Citi Field when the New York Mets host the Miami Marlins at 1:10 p.m. ET.

More Info @

www.invivotherapeutics.com


CEL-SCI Corp. CVM

We want to add CVM to our radars this morning. The stock hit its 52-low of .16 just prior to the closing bell yesterday afternoon, and this morning the company had some fresh news hit the wires. We want to watch this one closely, as conditions like these can often lead to significant bottom bounces.

Today’s PR:

CEL-SCI Corporation (NYSE MKT: CVM) announces the publication of the results of influenza studies by researchers from the National Institute of Allergy and Infectious Diseases (NIAID) of the National Institutes of Health (NIH) and CEL-SCI in the Journal of Clinical Investigation, a leading journal for discoveries in basic and clinical biomedical research (2013 J Clin Invest. doi: 10.1172/JCI67550 2013, supplemental information at www.jci.org/articles/view/67550). The studies described in the publication show that when CEL-SCI’s investigational J-LEAPS Influenza Virus treatments were used “in vitro” to activate immune cells called dendritic cells (DCs), these activated dendritic cells, when injected into influenza infected mice, arrested the progression of lethal influenza virus infection in these mice. >>> FULL STORY


 

IceWEB, Inc. IWEB

Yesterday morning we stated our hope that IWEB would break through resistance at .0355- it did that and more. After touching an early morning low of .032, the stock went on a 22% intraday run, with shares trading at .039 at their peak.

In addition, the stock closed with strength (.036), above previous resistance at .0355, maintaining more than half of its daily gains on over 5X its 3mo. average volume, which is often a bullish signal.

From the low following our original alert of IWEB at .023, yesterday’s high represents an overall move of 70% Since that time, the cumulative gains attained by IWEB have amounted to more than 115% in possible profits.

BARCHART.COM has also upgraded its opinion of IWEB to a 72% Overall “Buy” Rating.


Extended Watchlist:
VPLM, DANG, RENN, XRX,

IWEB, BCRX & Extended Watchlist

IceWEB, Inc. IWEB

We’re still focusing on IWEB after it turned in another solid session yesterday. The stock managed to close at .033, holding most of the gains from the most recently observed spike on slightly greater-than-average volume.

Maintaining support at that level was an important step in getting past current resistance at .0355, which as we mentioned in yesterday’s report, will allow the stock some breathing room and hopefully kickstart the next significant move on the chart.

In addition to a continuation of recent trends on the chart, we’ll be on the lookout for the effects of both the start of another round of shareholder awareness, and some new press out this morning.

Before we take a look at today’s press release, which outlines two of IceWEB’s new clients, we’ve uploaded a video presentation of the IWEB chart for your convenience:


Today’s News:

STERLING, Va., Jul 24, 2013 (BUSINESS WIRE) — IceWEB Storage Corporation (OTC BB:IWEB), an award-winning Unified Data Storage appliance provider for cloud and virtual environments, as well as the highly secure, scalable IceBOX BYOD (Bring Your Own Device) Private Digital Cloud Collaboration Platform, announced today that two additional K-12 school systems have ordered new IceBOX BYOD implementations, further cementing the Company’s growing presence in the education sector.

CEO Rob Howe: “We are seeing an increasing interest from Colleges and Universities, as well as K-12 School Systems across the country as we approach the new fall school year. These two organizations are particularly interested in ensuring that their secure and sensitive data is not being stored in public cloud platforms, which increases the risk of compromising the integrity of their data. IceBOX provides a secure, cost-effective way for them to do that,” >>> VIEW FULL STORY

 


BioCryst Pharmaceuticals, Inc. BCRX

BCRX enabled us to register gains for the second consecutive day after appearing yesterday’s morning report. Following early-morning low of 3.29, the stock rose fairly steadily over the course of the day to eventually cap off a 43% intraday run at it’s high of 4.72.

BCRX traded nearly 13X its 3mo. average volume, and held the majority of the day’s gains into the close, thus we will want to monitor the stock today for a continuation of that impressive momentum.

From the low following our initial call (2.83) on BCRX which came in Monday morning’s report, yesterday’s 4.72 high represented a possible gain of 67%


Extended Watchlist:
HRAL, BRND, BFGC, INO, CLNT, BBVA,