TheStockWizards.net Weekly Top 10 penny stocks includes: TDGI, FNMA, GRNO, CBWP, BLOKA, INTK, ERFW, TITL, MDMN, and QASP.
Boca Raton, FL- July 31st , 2010 TheStockWizards.net a Top Penny Stock Newsletter presents stocks that have impact news and positive technical charting indicators on the OTC BB: and Pink Sheet markets. In addition to our newsletter, TheStockWizards.net is quickly becoming the fastest growing network destination for Penny & Micro-Cap stocks. With our over 30 years combined experience; our team of research analyst pride themselves on small cap companies that are diamonds in the ruff.
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(1) TDGI (OTC) Sector: Motion Picture and Tape Distribution
TDGI — Target Development Group, Inc.
TDGI is quietly flying under the radar of most Penny Stock traders. Traders and Investors will be focusing in on the .06 cent monthly breakout level. If the stock gets a weekly close above .06, we are looking at a potential 4 year break. TDGI has the ability to produce 50% to 100% gains from these levels. If you are a technical trader, this is definitely one to put on your watch list.
(2) FNMA (OTCBB) Sector: Federal and Federally Sponsored Credit
FNMA — Fannie Mae
FNMA has established a nice short-term uptrend. A weekly breakout above the .41 cent level could send the stock higher to test the 50-day moving average. Weekly support is .32, weekly resistances .41. FNMA has lots of liquidity and has become a great stock to trade. We could see a nice run at anytime.
(3) GRNO (OTC) Sector: Oil Recovery
GRNO — Green Oasis Environmental, Inc.
Do the GRNO bulls have anything left in the tank? This will be a very big week for the stock from a technical standpoint. The stock must maintain trading above the 10 day moving average for strong momentum to keep pushing higher. TSW feels that there could be a major squeeze on the shorts if the Bulls have some ammunition in the form of a material event from the company.
A weekly breakout above the previous highs could send this to a $1.00 to $1.20 in a hurry as the shorts will have to cover. A break below .60 will hurt the Bulls and could give those shorts the ammunition to push it down even further. There will definitely be a big battle between the Bulls and the Bears this coming week.
(4) CBWP (OTCBB) Sector: Wind Power
CBWP — Crownbutte Wind Power, Inc.
Congratulations to the CBWP longs as our commentary was right on the money as we were expecting 50 to 100% gains from our profile of this company. You could have not asked for a better technical setup than what we had on CBWP last week. The stock will now have to consolidate before it makes another move higher. The stock is sitting right at the 10-day moving average, we will be using this as a momentum indicator.
(5) BLOKA (OTC) Sector: Video Rentals
BLOKA — Blockbuster, Inc.
Is Blockbuster ready to make another surge higher? The stock has traded above the 20-day moving average for the last five trading days, and now it could be ready to breakout and make new short-term highs.
TSW will be watching the .21 cent resistance area but more importantly will be looking for Blockbuster to challenge the 50-day moving average at .24 cents this coming week. The breakout above the 50-day moving average can produce some big momentum runs. TSW will be monitoring this event very closely.
(6) INTK (OTC) Sector: Nanotechnology
INTK — Industrial Nanotech, Inc.
INTK is under accumulation. Trading right near its 52-week lows makes it very attractive for bottom fishing type traders. With a market cap of around 5 million, TSW feels there’s plenty of upside for INTK. A weekly close above the 50-day moving average of .025 cents is an area of interest for momentum traders. There has been consistent volume on a daily basis, which is very attractive to traders. If you’re a bottom feeder this is definitely one to put on your radar.
(7) ERFW (OTCBB) Sector: Wireless Communications
ERFW — ERF Wireless, Inc.
ERFW just got its first close above the 50-day moving average for the week. The stock is looking very bullish as our money flow indicators are verifying the bullishness. TSW is looking for ERW Wireless to challenge the psychological .10 cent area in the near future.
(8) TITL (OTC) Sector: Title Insurance
Title Consulting Services, Inc.
With a Market Capitalization of only 2.2 Million, Traders and Investors feel that TITL should be trading at higher prices. TSW sees .04 cents as fair value for the stock with no material events factored in.
(9) MDMN (OTC) Sector: Mineral Exploration
MDMN — Medinah Minerals, Inc.
MDMN has been in a nice steady upward trend for the last two weeks since it was profiled on the weekly top 10. TSW will focus in on the .05 cent critical resistance level in the short-term. A breakout above this level and the stock could really explode.
(10) QASP (OTC) Sector: Areo Space
QASP — Quasar Aerospace Industries, Inc.
QASP Traders and Investors will be focused in on the weekly resistance level of (.0066). A close above these levels will signal a possible short-term bottom reversal in the stock.
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PLEASE NOTE: TSW has been compensated one million (1,000,000) unrestricted shares of Industrial Nanotech (INTK) stock from a third party for advertising services and to appear on our Weekly Top 10 List. TSW has also been compensated ten thousand dollars from a third party for a one-week Crownbutte Wind Power (CBWP) advertising campaign. Any compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. When compensated by a third party, please be fully aware that the third party may have shares and may liquidate it, which may negatively affect the market. When TheStockWizards.net receives free trading shares as compensation for a profiled company, TheStockWizards.net may sell part or all of any such shares during the period in which TheStockWizards.net is performing such services. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. In addition, there may be members on this board that receive compensation for particular stock awareness without telling members, so please always use your own buy and sell signals based on your own decisions. Any recent increase in volume or increase in stock price may be due to The StockWizards.com representatives buying. The Stock Wizards intend to sell shares received as compensation for providing Company Background Information, sending opt-in emails, posting charts, videos, site moderation, consulting etc. We do not give price targets in any of our written or recorded material. TheStockWizards.net will not advise as to when we decide to sell and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. Please do your own research and make your own investment decisions. Always remember that TheStockWizards.net is not an analyst and we do not employ or contract any analysts. Investing in securities such as the ones mentioned on our website, in email, or consulted for are for high-risk tolerant individuals only and not the general public.
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