Penny Stocks To Watch For Friday The 15th
Source: http://pennystocker.com/penny-stocks-to-watch-for-friday-the-15th/Posted on Friday, May 15th, 2009 | In Investing Lessons, Small & Micro Cap
I apologize about the lack of watch-lists and blog post this week. There was a death in the family so I have been dealing with that for the past couple of days, but am looking forward to get back to blogging and trading starting….. today! Also, this weekend I’ll introduce the Charting 101 series which will run into next week also and will be filled with tons of information on trading penny stocks with stock charts. Here are your penny stocks to watch for today…
ISCO is the only potential penny stock to short for today. Muli-day spiker we have here with some fluff news that really doesn’t justify a move of this magnitude. I’d look to short this penny stock on a green-to-red move OR a break of 1.00. Make sure if it breaks 1.00 that you have solid selling volume because that will confirm the change in trend. Get ready!
CSUH this penny stock had a grrrreat breakout on Wednesday above the blatantly obvious .15 resistance. Only had a 5% move up yesterday which leads me to believe this penny stock has more room to run. RSI is in the power zone and this one looks like it wants to run higher. Watch for buying pressure right at the open to initiate a position. Definitely a potential buy.
SNRV another solid breakout penny stock play here. Broke out yesterday over the 2.00 resistance to close at 2.20. Methinks this has more room to run and I want to be in on this run. Beware though, this is thinly traded. Only 43 trades yesterday on 46,000 shares traded…so trade smartly. This is only a potential buy if the spread between the bid and the ask isn’t too wide.
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Last 5 posts by Justin Bostwick
- SEC Charges 8 - May 23rd, 2009
- 6 More Penny Stocks Picks: “Buy The Hype, Sell The News” - May 22nd, 2009
- Six Penny Stocks To Watch That Could Make You Money - May 12th, 2009
- The Framework Of An Afternoon Fade And Why It’s So Essential To Short Selling Penny Stocks - May 7th, 2009
- This Is What Trading Penny Stocks Is All About: 18 Penny Stocks To Watch - May 7th, 2009
 About Justin Bostwick (http://pennystocker.com)
My name is Justin Bostwick and I am an 18 year old college student at the University of Tampa in Florida. Pennystocker.com was launched on March 25th, 2009 with $7,000 in capital with a goal to turn that into $XX,XXX over a period of time buying and shorting penny stocks. Watch as you and I both learn what it takes to profit down in penny stock land aka the “gutter” |
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