EGCT, UPZS & Extended Watchlist

Ecologic Transportation, Inc. EGCT

EGCT made a power move last week, trading as low as .275 early on, and hitting a high of .46 Thursday before puuling back on Friday. Friday’s low of .35 seems to be our new level of support, and a baseline for bargain-basement prices.

We are still awaiting further details on the company’s intent to execute the acquisition of ACE Rent A Car. Once we get confirmation of the deal, things should really heat up in the way of interest in EGCT stock.

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Unique Pizza & Subs Corp. UPZS

Like EGCT, UPZS is another stock that surged last week, only to pull back during Friday’s trading. We believe that this too, was an opportunity to purchase cheap shares in a stock that seems to be making moves lately.

We first mentioned UPZS the morning of August 15th. On that day it was as low as .051. At Friday’s high of .13, that represents a gain of 155%

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Added Note: Everyone has been speculating as to the next A.P.S. Pick. We have a hunch that it could be PRTN, based on the building level of activity on the stock during Friday’s session. Last time we followed picks from this group, NSRS, and SNPK to very postive results. Should our inkling prove correct, we could be looking at a big percentage gainer in PRTN. Also be on the lookout for a new pick of our own that we will be presenting this week.

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Extended Watchlist:
CHMR, PRTN, RENU, NOK, BBDA, PPHM, SAGD,

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