DWIS, EXTO Inside Today’s Penny Stock Newsletter

Dinewise, Inc. DWIS
Toward the end of the day on Monday, we were observing the level 2 on DWIS, and witnessed some higher bids enter into the mix. Eventually these buyers that are attempting to collect cheap shares on the bid could end up hitting the offer, and we could see an uptick.

As we have seen in the past, DWIS tends to spring directly upward on even a negligible surge in volume, as is common with low-float plays.

Exit Only, Inc. EXTO

Yesterday we mentioned that the chart on EXTO has consolidated over the past couple of weeks, finding a new level of support toward the end of last week. It appears as if that level held nicely once again on Monday.

The next few trading sessions look to be an opportune moment to take up a position that should work out to be profitable.

EXTO is currently receiving a ‘Buy’ Rating at barchart.com.

Blue Horseshoe Penny Stock Report, DWIS, EXTO, IWEB – 09/01/11

Dinewise, Inc. DWIS

DWIS has been on our radar since mid-April, at which time the stock was trading at .06. Just a month following our initial alert, the stock was able to reach .1795, which is a gain of 199%

Afterward the stock settled down to a base from .08 and subsequently ran to .13. Now, we can see DWIS settling into its bottom again, as it has for the past couple of weeks, and we are viewing this as our perfect opportunity to accumulate the stock before the next upswing.

We suggest you take a listen to these exclusive audio interviews with CEO Paul Roman:

http://ceocentral.com/m/sounds/view/DWIS-Interview      http://smallcapvoice.com/blog/tag/dwis/

Paul is a very experienced executive, and in our opinion, the perfect person to lead Dinewise, as demonstrated by DWIS’s ability to generate a profitable revenue stream with a diversified array of products. After listening to the interviews, you will probably agree.

 

 

Exit Only, Inc. EXTO

As you can see from the included weekly chart, EXTO has been on a steady incline, since we first called it at .0025. Our new support level seems to be at .0083, which was yesterday’s low.

The stock finished strong yesterday, closing at its high of day at .0093, providing a 12% intra-day swing. Recently the symbol’s status on OTCMarkets (formerly Pink Sheets) was downgraded to Caveat Emptor, a situation we feel should be remedied expediently. Once EXTO is brought up to current on their filings, then we will get a better representation of the actual number of Authorized Shares, as per this weeks announcement of a 71% reduction.

We are still awaiting the start of this company’s gold production, slated for October.

IceWEB, Inc. IWEB

Last, but not least, IWEB is a play that was new to us at the start of this week, has been trading in a tight channel, between .18 and .21.

We first announced IWEB as our new play, and the stock had hit a recent bottom, as well as as a MACD cross transpiring on the chart. We will continue to monitor this stock for the time being, as all of the technicals on the chart seem to be pointing toward another run in the making.

The next key area of resistance, as we previously mentioned, is .22. On the flipside, support rests at .18, and we will be keeping a close watch for that to hold moving forward.

Blue Horseshoe Stock Report – 08/22/11

eMax Holdings Corp. EMXC

EMXC has settled in to build a nice base at .0015 and .0016. We continuously witness the stock building higher levels of support on its ascent from .0005. This new level of support should be the next springboard for another upswing. Like all stocks we monitor, we watch closely for resistance levels being broken, and the next one on this chart seems to be sitting roughly at .0024.If you notice the chart, we have pointed out the fact that the RSI seems to be heavily linked to the PPS, and seems to show strength as the price surges. Alternatively, we can see that buying opportunities are afforded when the RSI dips into a trough, like we are currently observing.

Exit Only, Inc. EXTO

We are looking at EXTO again, as the chart shapes up nicely. The stock has built significant support at the current base of .007. If we look back a few months, we notice that the this stock likes to surge on heavy volume.We have also seen a MACD cross in the past week, which is a bullish indicator that we are always on the lookout for. If you’ll notice the red candle showing yesterday’s trading range, which we feel is an unfair representation.

We are vigilant traders, and constantly monitoring the Level 2’s on stocks we cover, and we can assure you that the .006’s that printed Friday morning were negligible, and chances are, no one was able to secure a significant position at that level.

Dinewise, Inc. DWIS

There are several things happening on the DWIS chart this morning as well. Aside from a rising RSI, and an impending cross of the MACD,  we notice that this is another stock that rises easily on heavy volume.In addition, the last occurrence of a MACD cross also brought a spike on the order of .08 to .13. High volume in May signaled a run all the way up to .18. August has brought higher volume to the stock, and it seems as if conditions are just right for another upswing.