Posted on March 27, 2010 by Dana Salvo
The StockWizards.net Announces its Top 10 Stocks for the Week of March 29th
FWTC (OTCBB) Sector: Water Supply
FRESHWATER TECHS INC: FWTC made a nice comeback during the week to close strong above the 200 day moving average (.035). Also, FWTC made a high of .068 on March 19. The Stock Wizards feels that this short-term top can be taken out. Short-term resistance this coming week will be .07, then the psychological .10 area. Support for the week will be the 10 & 13 day moving averages. if we get weekly closes above these levels, the stock could continue to trend higher.
For those of you that are new to trading penny stocks, we advise you to read our article that covers the topic of psychological support and resistance.Click here http://bit.ly/support_res
VSYM (OTCBB) Sector: Technology
VIEW SYSTEMS INC: VSYM has built a nice base around the .05 cent level and looks like it’s ready to break out to the upside. The stock is very oversold. Money flow indicators look ripe for a move. The Stock Wizards will be watching the .10 cent area very closely as resistance. View Systems manufactures and installs weapon detection identification systems, video management platforms and tele-data communication networks. We have weekly support at .04 cents, around the 200 day moving average. The Stock Wizards is watching for unusual volume and any kind of news as a catalyst this week. Read the rest of this entry »
Posted on March 20, 2010 by Dana Salvo
HPNN (OTC) Sector: Cellular phones, Mobile Wireless Gaming Applications
HOP-ON INC: HPNN cracks into the top 10 as the number one pick this week. This reminds us of the ZVTK bottom play that we called 4 weeks ago off our Top 10 list. The stock is currently trading at .0019 and is sitting right on top of the 200-day moving average (.0019) . Traders and Investors are waiting to see if this level will hold or if we will go down to the psychological .001 level. Either way we are looking for a trading opportunity in the next 7 to 10 days. At some point the stock will have a reversal and will make a 50% – 100% gain on the reversal. A must watch for aggressive traders.
For those of you who are new to trading penny stocks, The Stock Wizards invites you to read our new article that covers the topic of psychological support and resistance. Click here http://tiny.cc/zvtk
VIPR (OTC) Sector: Gold, Uranium, Diamonds
VIPR INDUSTRIES INC: VIPR was our number one pick last week and did not disappoint our subscribers. Up 150% from our call on Monday. We will be watching the psychological resistance level of .005. The Stock Wizards would love to see a weekly close above this level. At some point during this coming week VIPR will find support around the 10 & 13-day moving averages. This is where we would step in for an entry point on a pullback. Critical support for this week’s trading will be .0029. Read the rest of this entry »
Posted on March 10, 2010 by Dana Salvo
In this article TheStockWizards.net will cover one of the best money making strategies when day-trading penny stocks. This trading technique is used mostly by full-time penny stock professional traders that are able to sit in front of a screen all day long. When played correctly the bounce play can be one of the fastest, easiest ways to make quick money in the professional field of trading penny stocks.
Warning!! A bounce play played incorrectly can totally wipe out your account if you do not know what you are doing. This takes a lot of experience to attempt this kind of strategy. The timing of a bounce play is very critical in nature. There are many factors that need to line up to attempt a successful bounce play. Read the rest of this entry »
Posted on by Dana Salvo
In this article TheStockWizards.net will cover one of the best money making strategies when day-trading penny stocks. This trading technique is used mostly by full-time penny stock professional traders that are able to sit in front of a screen all day long. When played correctly the bounce play can be one of the fastest, easiest ways to make quick money in the professional field of trading penny stocks.
Warning!! A bounce play played incorrectly can totally wipe out your account if you do not know what you are doing. This takes a lot of experience to attempt this kind of strategy. The timing of a bounce play is very critical in nature. There are many factors that need to line up to attempt a successful bounce play.
If your personality as a trader or investor is very aggressive, this strategy will come very natural to you. Think of a bounce play as a rubber band. From for a moment pretend that you have a rubber band in your hand and take the rubber band with both hands and stretch it as wide as you can. The farther you stretch the rubber band the greater the force will be when you let go of one side. There is great force and velocity behind that. This is what you’re looking for when playing a Penny Stock bounce play. Read the rest of this entry »
