APP, GALE & Extended Watchlist

American Apparel, Inc. APP

We’ve been following APP for the better part of a year now, during which time we’ve had several successful calls, and our timing in re-alerting it last Friday couldn’t have been any better. We discussed increased Q3 revenues, as well as the anticipation of heightened sales for the holiday shopping season.

We called for a crossover on both the MACD and the PPO, noticing that they were both pinching, and sure enough, both underwent crosses in the past few sessions. We were also looking for a break of the 200DMA and for the histogram to flip up to the bullish side, which also occurred this week. So it would seem things are right on track for APP in aligning with our expectations. Although it appears, in this case, that we have a crystal ball, we do not. We simply track tons of stocks on a daily basis, and when we find one that reacts well, we continuously monitor for buying opportunities, so that all may have a chance to profit!

We’ve also included a video presentation of the APP Chart:

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Galena Biopharma, Inc. GALE

GALE, an addition to our extended watchlist yesterday, had an exceptional performance. Having traded as low as 1.6525, and hitting a 1.84 high, the stock afforded folks the chance at a fast 11.5% intraday gain.

GALE ran into major resistance at the 20DMA (1.84), and above that, we can see another obstacle at the 50DMA of 1.86. A break past these points is what we are looking for to unlock some larger gains.

Thus far, pre-market, it looks as if the stock could gap up upon the open, trading as high as 1.90 already this morning.

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Extended Watchlist:
SVEN, SOFN, VSUT, CPSZ, PRPM, AZFL

 

American Apparel, Inc. | APP | Today’s Focus

Good morning traders, we hope everyone had a pleasant holiday. Black Friday signals the beginning of a period of heightened sales for retailers, which is why we’d like to turn our attention to an old retail favorite of ours:

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American Apparel, Inc. APP

We’d like to revisit APP, as it has been good to us in the past. From August to October the stock ran from .82 to 1.70, for gains upwards of 107%

The company recently released third quarter figures showing positive growth in many areas, perhaps most notably, a net sales increase of “15% to $162.2 million on a 20% increase in comparable store sales in the retail business.”

With a strong holiday season, the rate of growth for APP could continue to climb, along with the price of the stock. We are revisiting this stock at a relative bottom on what looks like a ripening chart.

As you can plainly on the chart above, we have an RSI that is coming off of being oversold, as well as a MACD that is in the midst of a cross. The PPO is pinching in as well, and it would appear the histogram is ready to flip up to the bullish side, making now a fine time to take a look at APP. We will be on the lookout, because if this stock can break above the 200DMA of .97, we could begin to see drastic increases.____

EGCT, CGUD & Extended Watchlist

Ecologic Transportation, Inc. EGCT

We brought EGCT back into focus yesterday and the stock performed as we had hoped, making higher highs and higher lows for the second consecutive day. After gapping up in the morning, the stock held all day above the moving averages (20, 50, 100DMA’s), never dipping below .30.

The RSI punched through the 50 Line as well as the 50 MA overlay, and is getting ready to make its way into the powerzone. The blue bars on the histogram look ready to jump up to the bullish side, and the PPO is pinching toward a cross which could come as soon as today. The Slow STO also had a cross. All the indicators are improving on yesterday’s outlook as the stock bounces back from being oversold. Twice now we’ve seen EGCT run to the mid-to-high .40’s. This time around, we are looking to breach the .46-.48 area, as a break past that level would mean pressing new highs.

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Com-Guard.com, Inc. CGUD

We are adding this play to our radars today as a result of yesterday’s huge volume increase. The stock has a 3mo average volume under a million shares; yesterday it traded over 15 million shares, leading us to believe that something big could be brewing.

According to OTCMarkets.com, the last reported shares outstanding was just under 380 million, with a float of just 65 million. If those figures are still accurate, yesterday’s volume accounts for a quarter of the total float. Should the buying continue into today, the float could be locked down, leading to a massive run.

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Added Note: Last week we highlighted Apple options, and we made out pretty well with the $680 Calls. This week we saw a pullback going into Wednesday, as the 680’s traded as low as .70. Yesterday’s high was over 7.00; for anyone in Wednesday and out yesterday, you could have been looking at up to 1000% in gains. It isn’t the first time we’ve seen a ten-bagger around here, but it is always exciting when it happens.We are keeping an eye on these calls as Apple gaps up and tests new 52-wk highs.

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Extended Watchlist:
APP, DARA, WPCS, GBG, BIOF, PEIX,

 

APP, MFTH, SGLB & Extended Watchlist

American Apparel, Inc. APP

We first talked about APP all the way back on December 27th. Yesterday it popped back onto our radars as we observed APP hit a new 52-wk high.

Granted the season, and industry, APP should be experiencing better quarterly numbers in the months ahead. Between students returning to school, and the impending holiday retail boom, this apparel company is in position to rake in quite a bit of revenue. For that reason, we will be monitoring APP more closely in the immediate future.

We have also prepared a video chart outlining some key technical points for the stock.

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Medisafe 1 Technologies Corp. MFTH &

Sigma Labs, Inc. SGLB

As we have stressed in the past, the symbols we place in our extended watchlist simply must not be overlooked. These two stocks did very well yesterday.

MFTH opened at the previous close and LOD of .004, then hitting a high of .0071 before closing at .0062 for possible intraday gains ranging from 55-78% Not bad for having just racked up over 100% in gains one day prior. Following our first mention of MFTH, the stock saw a low on the order of .003, and subsequently touched a high of .006 last week, and has been holding support in the low-to-mid .004’s.

SGLB opened at .016, and touched .03 before closing at .02. for gains ranging from 25-86%

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Extended Watchlist:

FITX, AONE, NOK, HBRM

EGCT, IDOI, BBDA & Extended Watchlist

Ecologic Transportation, Inc. EGCT

EGCT has appeared in our extended watchlist a few times in the month of July, beginning on the 16th. At that time the stock was trading at a low of .30. By the 25th the stock touched .48, a 60% gain.

Today we are bringing the stock to you as a featured play as we believe it could about to get even more interesting. This one is flying under a lot of people’s radars, but we feel that it could deliver the kind of results that were afforded to us by IDOI.

As always we are the first ones to show up at the party. We have a sinking suspicion that this play could soon be receiving mainstream attention. Currently we view it as undervalued as it momentarily remains off the beaten path.

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IDO Security, Inc. IDOI

We’ve been tracking IDOI like a pack of bloodhounds since we first became familiar with the stock in mid-February. In that time, we have had quite a few opportunities for profit, having run from .37 -.55 on our first big take, and having seen a low of .22 before surging as high as .74 in the meantime.

After last week’s panic sell-off due to false accusations levied against IDOI, yesterday, the stock closed above every recorded moving average, and punched past all resistance, indicating that the recovery is well underway. A break above the .46-.48 range would leave the next patch of resistance to show up in the mid-.50’s, as indicated in the video chart we’ve drawn up for you today.

As a stock that seems to respond well to good news, we are anxious to observe the performance of IDOI following yesterday’s post-market news.

Yesterday’s Press:

NEW YORK, NY, Aug 01, 2012 (MARKETWIRE via COMTEX) — IDO Security Inc. (OTCBB: IDOI), developer of the innovative MagShoe(TM) shoe scanning device (SSD), today announced that the Company has installed the MagShoe at the Penitenciarul Poarta Alba Prison in Bucharest Romania.

Following the Company’s participation in the Israeli delegation to the 2012 Black Sea Defense & Aerospace Exhibition in May 2012, and demonstrating the MagShoe at the ICPA Regional conference in Bucharest, June 14th and 15th http://www.icpa.ca/news/1478, IDO Security has begun a pilot program in the Constanc’a Prison.

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Bebida Beverage Co.  BBDA

We have been talking about BBDA for the better part of a month now; in that time, we’ve had a few occasions to profit.

The stock was as low as .0015 on July 13th. We’ve noted .003 as a key resistance point in the past, and we were watching for a break of that price point, which came yesterday. The next key resistance is the previous high of .0039. Past that level, it is blue sky, as referenced in the included video chart.

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Extended Watchlist:

APP, NOK, TLON, PGNX (bottom-bouncer)

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