Tag: LWSP

BFGC, LWSP & Extended Watchlist

Bullfrog Gold Corp. BFGC

BFGC is new to our reports this morning as a stock that caught our attention yesterday on one of our routine scans. The stock recently broke through its 200DMA, and chart conditions are looking ripe, so we wanted to make certain that we passed the ticker along to you.

Yesterday the company announced that it would start its third drill program at its Newsboy Gold Project located 45 miles NW of Phoenix, Arizona. The 30-hole drill program is scheduled for completion by early April 2013.

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Legacy Wine & Spirits International Ltd. LWSP

LWSP was a big winner for us yesterday, coming off of our extended watchlist with a really good session; the stock opened at .006, and closed at the HOD of .0099 on over 3.5x its 3mo. average volume.

A single-day gain of 65% from LWSP has definitely earned the stock a top spot on our watchlists for the remainder of the week. Closing at the HOD is often a bullish sign, so we would like to see the stock finish out the week posting higher highs and higher lows for it to continue its uptrend.

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Added Note:
AAPL and SPY are both gapping up and we will be looking at the calls today. We expect a pullback from some profit taking out of the gate, followed by a rebound.

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Extended Watchlist:
CCRY, INVA, KSWS, PSDV, MPET, RENU

AQLV, MJNA, SCXN & Extended Watchlist

 

Aqualiv Technologies, Inc. AQLV

After six consecutive days of gains, it seems that AQLV was due for a consolidation. The stock pulled back to .0068 on Tuesday, before rebounding to .009. To keep our interest, AQLV will need to maintain a support level of at least .0075.

Regardless of future action, AQLV has provided us with nearly 500% in cumulative gains over the past week, so we are marking this one down in the books as a win.

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Medical Marijuana, Inc. MJNA

We’ve been following MJNA and other medical marijuana plays since early this fall, when the issue was a hot topic during elections, giving a boost to investor interest.

The stock was trading in the .07-range when we first alerted it, before pushing as high as .16, gaining 126% back in November. It then came back to find support in the .07’s in the early part of December. Recently we’ve seen MJNA break through both the 20 & 50DMA’s and has been steadily increasing to current levels.

As you can see on the annotated chart below, conditions are looking rise for MJNA to continue its recent upward trend, with key resistance coming in at .162..

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Scout Exploration, Inc. SCXN

We first focused on SCXN back on December 17th, after which time we observed a low of .15. By the last week of December the stock was trading in the .23-range, and since the beginning of the year it has broken back above the 20DMA (.28), holding above that level.

We saw a high of .35 yesterday, marking an increase of 133% from the stock’s fifteen-cent low in under a month, though we think that could just be the tip of the iceberg. Once we see a break of the previous high of .39, things could really get interesting.

SCXN Video Chart (01/10/13)

SCXN Corporate Profile Video

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Extended Watchlist:
LWSP, SIOR, COIN, OCLG, ITMN, TTMI