Penny Stocks to Watch by Stock Analyzer for January 6th
Submitted by Stock Analyzer
Penny Stocks to Watch
A great start to our 2009 with a nice 200+ market day for us on Friday with some very profitable calls in our stock chat room. So make sure you are here during market hours Stock Hideout Chat
Here are a few new stocks:
CAGC could test 1.40 to 1.50 here in the short term. Nice buying lately on the ask. Keep a watch on it.
WFT must hold 11.90 and 10.30 here. If we do then watch for possible 14$ to 15$ as a medium term target
CAM looking for a short term hit of 25$ with support at 20.50 if we pullback
A few stocks to watch for early this week (CONTINUATION PLAYS FROM MONDAYS CALLS):
ACTC possible test of .05 tomorrow….support at .028 below
VCSY Vertical Computer Systems Inc. a stock that appears to be in “consolidation” phase where for the most part its just trading sideways. So lets look for this stock to HOLD over .02 and maybe have a shot at breaking .025 and if we does we could get a quick scalp play to .027 .029 or .03 ahead.
SSCC Smurfit-Stone Container Corp. a alert for us from the other day closed up 30% on friday and 30% up from our alert in chat. Resistance at .34 and .40 ahead. Support at .25 and .23 that we must hold over.
IVAN Ivanhoe Energy, Inc. has had 3 nice days up so far, could test the 50 moving average line at .66 ahead here. Support at .41 if we pull back.
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