Tag: PEIX

Blue Horseshoe Stocks: PLUG, BIOF, PEIX & More

Yesterday we saw money leaving the Solar Sector from profit taking, and it seems we’ve found new stocks that are heating up quickly, in the Energy Sector.

Plug Power, Inc. PLUG
PLUG first appeared in our reports back on February 15th. After being featured again in March 15th’s report, trading as low as .1161 at the time, and making its way up to .3177 by the 20th. That marked a gain of 174% Following that run, it pulled back to find support in the .15-range a few weeks ago.

Yesterday, the stock broke both the 100DMA (.28), its previous high at .3177, touched .3278, and closed just above the previous high at .318. We’d ideally like to see support hold at .318. Should it fall below that, we’ll need PLUG to hold support at .26-.285 in order for us to remain interested.

We’ve pointed out several key aspects of the chart below:

Continuing our theme of energy plays, here is a group that will be high on our watchlist today:
BIOF, PEIX, SCOK, FXEN,

BIOF and PEIX are some old-time favorites of ours in the ethanol sector. These two stocks generally tend to trend together, and have given us the opportunity for several gains over the long timespan we’ve covered them.

SCOK is a coal company that has recently gained some momentum, we want to keep an eye on that one today as well.

FXEN is a NASDAQ-listed energy play that also set off our scanners yesterday, as it enjoyed quite a fruitful trading session. Like the others, we want to keep an eye peeled for continuation of existing momentum.

We’d also like to congratulate ourselves for our stellar call of TCPS, which made a beauty of a run from .0025-.0061 (+144%), it then dipped back to .0045 and ran another 36% back to .0061, for cumulative intraday gains of 180%

It also made us the winners of yesterday’s Penny Stock Rumble:

Extended Watchlist:
TENP, CLNT, CLSN, IBIO, MBND,

WPNV | WindPower Innovations, Inc. & Extended Watchlist

WindPower Innovations, Inc. WPNV

WPNV is an alternative energy stock that was a feature of ours on April 16th, as well as appearing the day prior in our extended watchlist. The stock had maintained a solid level of support at .02 since we initially began coverage, and on Friday, a rush of buying pushed it as high as .0378. With proper timing, one could have banked as much as 89%

The chart is currently shaping up nicely- the RSI just broke into the powerzone, and with the 50DMA rising sharply toward the 200DMA, it now appears as if a Golden Cross is imminent. We will definitely want to keep an eye on WPNV for a continuation of the uptrend we have thus far observed.

Extended Watchlist:
CLNO, ASUV SKTO,
(PEIX, BIOF – Both on watch for a recovery from recent lows)

MCET, MJNA, MWIP & Extended Watchlist

MultiCell Technologies, Inc. MCET

MCET put in another solid performance yesterday, maintaining its uptrend. We’ve taken a lot of interest in the biotech sector lately, and have been duly rewarded.

The volume that has been flowing through MCET for the past week and a half has been astronomical, with yesterday being the second-highest volume day. It opened at .0058, before dipping to .0046, and then ran to .006, gaining 30%  We then saw a dip to .0049 before the stock ran to .0067 tallying an added gain of 37%

From Friday’s low of .0035 we’re looking at gains of almost 100% in total, and with the amount of momentum in this stock currently, we are leaving MCET on our watchlist for the foreseeable future.


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Cannabis Stocks
MJNA and MWIP each closed out Monday’s session with gains of around 20% We have yet to stop paying attention to the marijuana sector, as it seems that we are pulling winners from that group on a very regular basis of late.

For those of you just joining our ranks, as listed in the most recent roundup report on marijuana stocks, we are looking at several different symbols, including: MJNA, MWIP, HEMP, CBIS, GRNH, XCHC, ERBB, PHOT, LATF, TRTC, and more recently, EDXC.

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Extended Watchlist:
VOIS, SIRG, CICI, CBAI, PEIX, BIOF, NEWL, PAL