Watch List for April 05 2012
KMAG - Monster close.. A white marubozu (http://en.wikipedia.org/wiki/Marubozu) on the daily chart.. Closed today @ .0087 Can we say a hello to penny tomorrow? I think yes we can, but we have a huge resistance @ .0098 (200MA).. If not tomorrow for sure next week with more news updates (Q4 filing, OTC current status, CEO interview in StockRadio etc).
Check the below link for more detailed analysis on KMAG.. Must listen..
CBIS - Amazing news today about the biopsy report. Closed @ .165. Expecting more volume tomorrow to break the resistance @ .1725 and say hello to 20 + cents.. Nice exposure to this stock in National TV Tomorrow 7PM PST. Keep a close eye on this bad boy.
SNPK - Nice close today @ .985 cents. It reached a high of 1.07 then pulled back in the last 5 mins of trading.. It should gappa over $1 and I expect atleast 10-15% gains tomorrow ... Nice after hours news today.. Check the link below..
CYNX - Another day of consolidation in the upper teens today and closed @ .0017. I observed an interesting buy of 16 Million @ .0016. This stock has a solid support @ .0016 and the first resistance is @ .0021. This stock will be the next big runner like KMAG. Load the dips folks...
Big board Stocks to watch
Overall market was pretty bad today :-(. So I will stay away from the big board stocks till the long weekend..
XOMA - Golden cross happened in the daily charts. Waiting for the volume to pick and break $3
Some other stocks to watch - NQ, BONT, BAC
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