Penny Stock Newsletter - Hot Penny Stocks

Exit

exiting all positions. Exited ATMl and CNP two days ago (Monday), sorry I did not update.

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Re-Entry Point: BUY BUY BUY BUY

From a technical standpoint, it’s time to BUY BUY BUY BUY BUY. BUY SPY, QQQQ, CNP, ATML, ETFC!!! Something is about to happen today and it should be good!

I will post charts up later. SP500 is at a 61.8% retracement point! And there is some important trendline support.

CNP bounced off of horizontal support. Let’s get our hands dirty and dive in traders, investors! Whoo whoooo!!!

For some reason, I can’t post the charts up, but they are signaling to buy the SP500 and Nasdaq. I added more to ATML.

No Comments | Posted in » Articles, Education, Misc, Swing Trading, Technical Analysis, Trading Techniques, Trading Update

QQQQ, SPY, CNP, ATML

While I am solemnizing over the financials, I am picking myself up also because the equity markets index prices have bottoms and are looking good in our favor.

While we sold out of the financial secot filled PEY a couple of days ago, we are still in AT&T from last year (LOL), SPY, QQQQ, DIA, and our new additions and re-entries last months and this month are CNP and ATML. CNP in the Utilities sector, which is doing very well and even outperforming the S&P500, and so is the Technology sector of which ATML is apart of. There were also recent insider buys in the CNP stock in march.

CNP’s stock is experiencing a monthly entry from the powerful CCI system I have come to favor because of its simplicity and accuracy. Also, CNP has bounce off for the 4th time off of its weekly support trendline. That same line was also the back of another support line. It made a gartley pattern and all of this merged together at the 78.8% fib. support line.

We are looking at the downward trendline as a point of reference to watch for signs to exit at $16.98; however, given the monthly signal and weekly bounce, I have set my main target first at $18.68, which is above the downward trendline (would be a break out) and at a horizontal resistance line. I cannot make any commentary beyond that except to say, “Let’s wait until we get there to see what we should do;” that is, on a weekly basis. Now, on a monthly basis, all I can say is that it looks like it will break above its 52 week high if we break above $16.98, given our monthly CCI signals.

No Comments | Posted in » Breakout Plays, Swing Trading, Technical Analysis, Technology, Trading Techniques, Trading Update

The Financials and the Rest

I sold out of PEY, I was beating that the financials will fare well; however, they are now expected to fall another 40% in earnings. Theya re holding up techincally well, but PEY continues to spiral down. I continue holding onto the advancement of SPY and CNP and others I mentioned before.

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Low-priced stocks

Here are some low-priced stocks that I entered yesterday: ATML, STEC, ICO, ETFC, HMA, FCEL

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