NPHC (OTCBB): The stock is very oversold. Traders and Investors are looking for a bounce this week. Major support will be .43. Major resistance will be .58. Will be interesting to see how popular COBROXIN becomes on the home shopping network in the next few weeks.
XCHO (OTCBB): This will be a critical week for the stock as we continue to consolidate above the 10 and 13 days moving averages. It is very crucial that we hold these moving averages to maintain strong momentum. Critical support will be .40 for this coming week of trading. A weekly close above .50 and we take out the old highs.
WDRP (OTC): Like we said in our earlier report during the week, the stock was in a consolidation pattern. The big question, was it going to break .01 to the downside or break .03 to the upside. The market made up its mind and went higher and broke .03. We will use our 10 and 13 day moving averages for support in this week’s trading.
HEPI (OTCBB): The stock got a weekly close above the .50 range, very bullish. HBPI took out a weekly resistance level over the 200 week moving average. Major support will be the .50 with resistance at .75.This is a critical area of resistance for this week’s trading. If we close above the .75 level it would be extremely bullish. Another scenario would be a nice consolidation between .50 and .75 for 3-5 days.
GOIG (OTC): One of the nicest charts out there right now in the Sub Penny Arena. GOIG broke out of a very nice consolidation pattern taking out its 200 day moving average (.0045) in the process. This will be major support for the stock this week staying above the 200 day moving average. (0045)
AIDO (OTCBB): The stock has been around for very many years, traders and investors are very familiar with the stock. AIDO is sitting right above the 200 day moving average at .024. We will need to hold this level going into this week’s trading. A weekly close above .04 could trigger some momentum buying into the .10 area. Keep an eye out for unusual volume and any kind of news.
YRCW (NASDAQ): The company is trying to get back on its feet with news announcing a private placement last week. Technically speaking the stock was very oversold and has bounced the last few days. We are watching for a break above the 13 day moving average for continued momentum. A weekly close above the psychological .50 level would get the attention of a lot of momentum traders.
ZVTK (OTC) We made comments early last week that we felt the stock was very oversold and was coming into very attractive levels for the smart money traders. Our analysis was correct, the stock did bounce from a very oversold condition. Keep an eye on the .0028 level for support this week. Major resistance will be the .005 area.
BNVI (NASDAQ): The stock is in one of our favorite sectors (Biotech). We like the way the technicals are setting up on BNVI on a weekly basis. A close above .70 for the week should spark momentum traders to pile on, especially if any significant news comes out. We are watching this very closely.
CCTC (OTC): Last week we talked about the stock staying above its 10 day moving average. The key level in this coming week’s trading will be .10. If CCTC holds the 10 day moving average Monday and Tuesday, we could easily see this rally back to .20 for a quick double.
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