Penny Stocks to Watch by Stock Analyzer for December 1st
Submitted by Stock Analyzer
Penny Stocks to Watch
Please watch the market conditions carefully, the below stocks depend on GREEN days in the market. If the market goes RED WHICH I DO SEE COMING SOON AS PART OF A HEALTHY PULLBACK, then watch for these stocks to hold support levels before buying
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CROX - Crocs Inc. resistance at 1.36 here then possible gap to fill to 1.70 ranges. Support at 1.00 and .88 that we need to hold if we dip.
FRE - Freddie Mac. closing after hours at 1.29 friday so keep this again on watch IF the market pulls back for FRE/FNM to maybe pullback also to fill gaps to .80 for FRE. New resistance at 1.54 ahead if we continue up on a green market.
FNM - Fannie Mae resistance at 1.31 1.36 ranges here. Again just like FRE watch the market conditions here. We have a gap to fill on the downside to .71 IF the market turns down early this week.
BRPNF - Bravo Resources Watching the .12 level. IF that is broken we could see a nice move to .18 ranges imo. Support holding at .06 .07 below
XTLB - XTL Biopharmaceuticals could be a nice scalp play from .08 to .09 .095 ranges here. Support at .065 must hold on a pullback.
RAD - Rite Aid Corp. resistance at .61 with support at .41 if we pullback
VC - Visteon Corp. has resistance at 1.00 and 1.10 ahead. Support at .53 right now that we have to hold to remain in play imo
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.
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November 30th, 2008 at 7:26 pm
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