Thursday, August 7, 2014

Watchlist - 8/8/14

My PennyLogic.com Sign Up Page - Yep just $9 a month ...

FCGD - SUP - Up ¢.10 on Thursday, active all day and closed on the high, could be a gap and trap from the promoters, will watch in the first 30 minutes of trading (translation: I already have an order in above the current price and will adjust it down if the price action looks weak) (NOTE: I already have my exit order in also;))

ONCS - BNC - Showing support @ ¢.45 BKMM 55k, this MM usually props up tickers so not watching so much the price action but waiting for them to disappear off the bid side

ECOP - SMIKE/SPR - Kinda turned into a spread trade idea for me while watching it this morning however only got 500 shares @ ¢.35ish, will get more and cover quickly in the low ¢.30's

VOIL - BNC - Nice be right even if I was not in the trade at all, nice dump Thursday, waiting for a bounce to short into (a green day)...bigger trader is short this one from high $1.20's, if it doesn't break down the cover will send it back up

From yesterday:
APPG - BAP - Big dip today of ¢.20 in the morning but it was propped back up to finish the day green, with the release of the article to the public (on Michael Goode's Blog ) proving this is a pump and everything about it is fake the panic was expected. The promoters/insiders might have used this to sell some shares and pocket some easy money and trap some shorts but when the dump slowed they sent it back up, this shows that they (the insiders/promoters) still have an overwhelming amount of the shares... just watching this one for the rest of the week 

RULES : Close below $1 on daily for 2 days & have Resistance @ $1; Any big Support needs NOT be evident after hours on level 2; Wait for green day (mini #5); Go in with position with ⅓ size ready to average in when goes up; Check order entry 3 times; Have exit order in place when entry hits; Never add on the day of entry; Positive tweets downtrending; no blue sky


CheckSites: Pumps&Dumps; Pennystocks24 (email); Stockpromoters.com; Pennylogic.com; ThePUMPtracker.com

Scan on: Google finance

DISCLAIMER : This list is for entertainment purposes ONLY. I am not a financial advisor and you should not follow what I trade or how I trade.

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