mCig, Inc. LTCHD
LTCHD landed us atop the Penny Stock Rumble following yesterday morning’s alert. After touching an early morning low of .12, the stock would stair-step its way up for the entire day, closing out the afternoon at its high of .23. That was a golden opportunity for our subscribers to bank up to 92% in gains on a single session.
This excellent daily performance came on a large amount of volume, and spawned a nice setup for the chart as the 50DMA is preparing for a Golden Cross of the 200DMA. We definitely want to keep this play on our watchlists moving forward. As is the case with any heavy gainer, we also want to stay cautious for a possible reversal.
Extended Watchlist:
CYNX, SAPX, LOTE, LOCM, ENVI, GRPN, PLUG