Penny Stocks to Watch by Stock Analyzer for August 27th
Submitted by Stock Analyzer
Penny Stocks to Watch
I still am liking WEL to see if we can test that 3.00 range. We hit 2.94 today and could see another .05 to .10 raise tomorrow. 20 MA line sitting at 2.60 for support now
WTER showing a dragonfly doji candle today and a base now forming at .50 levels and could turn up to test .56 .60 or .65 ranges ahead. MUST hold .50 to remain in play
DPDW a nice play in our chat room from .50s and .60s now hit .72 high of the day at close and could see .76 levels next up. Support at .60 must hold imo to remain bullish
EAT a stock that gapped down today but closed up near its high of day could see 19.50 if we get favorable market conditions tomorrow. Must hold 17.14 to remain in play
Lastly a solar stock that has good potential here imo is BSRC. This chart to me says a lot….after a long downtrend we are now trading SIDEWAYS or in “consolidation” phase. If we can hold .32 support levels and break above .39 which is the 50 MA line then we could see .47 pretty quick on this stock.
I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals.
Opinions expressed at StockNetworkOnline.com are only people’s opinions. No moderator or assistant on any of our message boards is a licensed broker. Trading strategies discussed on the board are often high risk and not suitable for everyone.No one is responsible for your gains or losses in the market except YOU. If you follow stock strategies, charts and or buy and sells signals discussed at StockNetworkOnline.com you may LOSE ALL YOUR MONEY. Please weigh the strategies discussed here carefully against what you are willing to risk.
Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees.
