BHIivb16QnWevSIeV1UqOEn8DWU Low Risk High Reward Penny Stock Charts: NYSE, NASDAQ, and AMEX Stock charts cheaper than $1 with positive momentum

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nsm

Sunday, July 21, 2013

NYSE, NASDAQ, and AMEX Stock charts cheaper than $1 with positive momentum

This weeks scan provided several possible turnaround plays.  I'll be sure to be watching this week.

PLUG:






I like PLUG for several reasons:

1) The stock price has dropped in between the 50-day and 200-day moving averages.  The 50-day is positive and will push through the 200-day with some positive momentum.

2) Low Short ratio (<7%) 

3) Recent insider buying: Most recent purchases were at  $.36


BRD:


The stock price is forming an ascending triangle just below the 50-day moving average.  Trader Beware: although price action above resistance at $.56 coupled with larger volume will trigger an uptrend it still has failed to best the 50-day MA.

Others on Watch include:

APPA,BRD,ETAK,GPL,COOL,CBRX,GSS,IVAN,PLUG,LPR,SSN

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