Penny Stocks to Watch by Stock Analyzer for September 2nd

By admin | September 1, 2008
Rating 3.00 out of 5
[?]

Submitted by Stock Analyzer

Penny Stocks to Watch

Here are a few stocks I like going into this coming week….

SPNG a stock we have played several times had great after hours 10k and could see a move tuesday. Resistance on the bid is at .045 .046 then possible .048 .05 ranges. Support at .038 .036 below.

BSRC I think could do well this week off bottom support at .32 here. Resistance at .38 then possible .47 .51 ahead. Here is a video chart to break it all down on why I think this could be a good play for this coming week:
http://www.stocknetworkonline.com/tutorials/bsrc.html

TRID moving up last week, if we can break 3.20 on the bid we could test the 50 MA line at 3.50 ranges ahead. Support at 2.97 MUST hold imo for this stock to remain in play

ETFC broke above its 50 MA line at 3.13 friday and if we can hold 3.03 ranges we could be set up to test the 200 MA line at 3.80 in the short to medium ranges.

Longer Term Plays

BKC could be finding at base here in the 23 to 24$ ranges. If we bounce look for a test of 27.40 range ahead

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.

DISCLAIMER
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.
Visit 1800blogger to see all of our industry leading blogs.

Comments