Tag: WSGI

GGHO, CMGO & Extended Watchlist

One thing we try hard to do, is continually offer up as many different, and hot plays as we can possibly find. Unlike other newsletters, we are not compensated for the vast majority of our picks. As a service to you, we sift through thousands of stocks on our scanners in a daily attempt to bring forth as many large-upside stocks as possible. Today we have hand selected two 3-cent stocks that both had some nice gains yesterday, and are now working with a fair bit of momentum. Based on yesterday’s performances, and how the charts are setting up, we felt that GGHO and CMGO both deserved a spot on our watchlist. We’ve included annotated charts for each one.

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Genesis Group Holdings, Inc. GGHO

The accumulation/distribution on GGHO is steadily rising, and the RSI passed the 50MA, headed into the powerzone. The PPO just crossed, and the histogram just flipped up to the bullish side. The stock broke this year’s previous high of .0279. Should there be a pullback, we’d like to see that hold as the future level of support.
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CMG Holdings, Inc. CMGO

The CMGO chart has many similarities, with the RSI heading north past the 50MA overlay. The stock has been holding support off of the 200DMA, and yesterday it broke above the 20, 50, 100DMA’s. We have a pinching PPO looking for a cross, and a Slow STO that has just crossed over.

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Extended Watchlist:

WSGI, AAPT, BLRX, TPI, JAG, ATRS, 

Ecologic Transportation, Inc. | EGCT & Extended Watchlist

Ecologic Transportation Inc. EGCT

We’d like to welcome all of our new subscribers today. Those of you who have been with us for awhile, know that we have covered EGCT consistently for a good long while now. We first added it to our radar back on July 16th, and have no plans to cease our coverage any time soon.

This stock has given us tons of opportunities along the way. When we first began covering EGCT, it was trading as low as .30, subsequently running as high as .48. Next it dipped to .22 before turning up and surging back to .46. Again the stock pulled back, this time to .21, before reversing once again and touching .40. This week, EGCT has maintained a higher level of support, not trading any lower than .35, which is now acting as the new support level. Below .35, we seem to have support sitting at .30, and .25 as well.

We have prepared a detailed annotated chart this morning to illustrate some of the key technical points of EGCT. Looking at the chart, you can see that the stock has traded in a tight channel, achieving higher highs and higher lows, and offering savvy traders the chance to take advantage of large percentage gains from the bounces it has seen. In the time of our coverage, there has been the opportunity to lock in over 260% in cumulative gains. We’ve identified the key levels of resistance to be .40 and .45, a move past which point could send us into blue sky breakout mode.

It has been quite the rollercoaster thus far, but we feel that the ride is a long way from over. In fact, it has yet to even truly begin. The impending acquisition of ACE Rent A Car is the main element in what we feel should be an exciting future for EGCT. Once the recently announced financing is secured for said acquisition, things should really get interesting.

If you didn’t catch the special report we put out on EGCT a couple of weeks back, we strongly encourage you to do so now:

EGCT Special Report

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Extended Watchlist:

RFMK, BBDA, BLVT, CEII, ASTX, CYTX, TPI, BYFC, WSGI (Potential Bottom),