TheStockWizards.net
Hot Penny Stock Picks
Tuesday, November 9, 2010
Saturday, October 2, 2010
Oil & Gas Sector Lead Hot OTC Penny Stock Finder Trading System This Week USOG, $XMDC, $IWEB, $HEME, $EIGH
Friday, October 1, 2010
Hot Penny Stock Picks Finishing Strong End Of Week $XMDC, $BFHJ, $PWEB, $HEME, $INOL
Cloud Computing Leads Mid-Morning Hot Penny Stock Alerts OTCBB $IWEB, $HEME, $BFHJ
Penny Stock Guru Trading System Active Stocks At Open $HEME, $MRES, $PRPM, $CGAQ, $IWEB
Thursday, September 30, 2010
Hot Penny Stocks Picks Closing Strong EOD $IWEB, $ICOA, $BFHJ, $JYHW, $PYBX
Hot OTC Penny Stock Alerts With News $LFBG, $CGAQ, $BULM
Hot Penny Stock Alerts Trading System Finds Opening Bell Runners $HEME,$LFBG,$CSDT,$XMDC,SNTS
Wednesday, September 29, 2010
Real Time Penny Stock Blog Live Chart Update OTC $QASP Quasar Areo Space Inc.
Mid-Day Pink Sheet Penny Stock Business Update Report Exposes OTC $PYBX, $GRPR, $IGSM, $IDCN, $PAYD
Penny Stock Finder Technique Finds Five OTC Stocks at Open $HLNT, $YRCW , $BFHG, $DKGR, $HEME
Tuesday, September 28, 2010
5 Penny Stocks Exposed With Steady Profits EOD $PYTO, $PYBX, $IKTO, $HLNT, $LLEG
Penny Stock Volume Movers At The Open $PYTO, $WAMUQ, $SOPV, $STSA, $RMDT
Monday, September 27, 2010
Active Penny Stock FNMA Fannie Mae Exposed At The Close $LQMT, $TIVU, $NXPN, $BFHJ
Special HOT OTC Penny Stock Report OTC $TIVU Tivus Inc. Up 106% The Stock Wizards
Top Performing Penny Stocks Volume Movers For Sept 27th, 2010 $HEME, $SOPV, $ICOA
Red Hot Penny Stock Trading Program Selects 5 Stocks at Open $ICOA, $GELV, $SOPV, $RMDT, HEME
Saturday, September 25, 2010
Penny Stock Analyzer Trading System Selects 10 Penny Stocks For Weekly Watch List $TIVU, $EIGH, $CLYW, $ICOA, $KBLB
Friday, September 24, 2010
Rising OTC Bio-Tech Penny Stocks Show Big Gains For The Week $KBLB, $LBSR, $CLYW, $QASP, $IOCA
OTCBB $KBLB Leads Mid-Day Penny Stock Business Report $GETA, $HEME
Free Red Hot Penny Stock Picks at The Open $CLYW, $CGHI, $KBLB, $TSTR, $HEME
Thursday, September 23, 2010
Will OTC $TIVU Tivus Inc. Be A Grand Slam For Penny Stock Traders?
HOT OTC Penny Stock Picks TIVU Leads Mega Volume Movers at Close $KBLB, $GRNO, $QASP, $CLYW
HOT OTC Penny Stock Picks Best Active On News $GRNO, $CTCC, $TIVU, $CSGH
Penny Stock Picks On The Move Opening Bell $GRNO, $TIVU, $ATPT, $CLYW, $BROE
Wednesday, September 22, 2010
Free Penny Stock Picks OTC $HLNT Up 100% For TSW Suscribers (Chart Update)
Tuesday, September 21, 2010
Monday, September 20, 2010
Saturday, September 18, 2010
Friday, September 17, 2010
Thursday, September 16, 2010
Wednesday, September 15, 2010
Tuesday, September 14, 2010
Monday, September 13, 2010
Saturday, September 11, 2010
Thursday, September 9, 2010
Wednesday, September 8, 2010
Tuesday, September 7, 2010
Saturday, September 4, 2010
Friday, September 3, 2010
Wednesday, September 1, 2010
Tuesday, August 24, 2010
Monday, August 23, 2010
Saturday, August 21, 2010
Friday, August 20, 2010
Thursday, August 19, 2010
Wednesday, August 18, 2010
Tuesday, August 17, 2010
Monday, August 16, 2010
Saturday, August 14, 2010
Thursday, August 12, 2010
Wednesday, August 11, 2010
Tuesday, August 10, 2010
Monday, August 9, 2010
Saturday, August 7, 2010
Friday, August 6, 2010
Thursday, August 5, 2010
Wednesday, August 4, 2010
Tuesday, August 3, 2010
Monday, August 2, 2010
Sunday, August 1, 2010
Saturday, July 31, 2010
Friday, July 30, 2010
Thursday, July 29, 2010
Wednesday, July 28, 2010
Tuesday, July 27, 2010
Monday, July 26, 2010
Saturday, July 24, 2010
Friday, July 23, 2010
Thursday, July 22, 2010
Wednesday, July 21, 2010
Tuesday, July 20, 2010
Monday, July 19, 2010
Saturday, July 17, 2010
Thursday, July 15, 2010
Wednesday, July 14, 2010
Tuesday, July 13, 2010
Monday, July 12, 2010
Sunday, July 11, 2010
Saturday, July 10, 2010
Thursday, July 8, 2010
Tuesday, July 6, 2010
Monday, July 5, 2010
Saturday, July 3, 2010
Thursday, July 1, 2010
Wednesday, June 30, 2010
Tuesday, June 29, 2010
Monday, June 28, 2010
Friday, June 25, 2010
Thursday, June 24, 2010
Wednesday, June 23, 2010
Tuesday, June 22, 2010
Monday, June 21, 2010
Saturday, June 19, 2010
Friday, June 18, 2010
Thursday, June 17, 2010
Wednesday, June 16, 2010
Tuesday, June 15, 2010
Monday, June 14, 2010
Saturday, June 12, 2010
Friday, June 11, 2010
Thursday, June 10, 2010
Wednesday, June 9, 2010
Tuesday, June 8, 2010
Monday, June 7, 2010
Sunday, June 6, 2010
Saturday, June 5, 2010
Thursday, June 3, 2010
Wednesday, June 2, 2010
Tuesday, June 1, 2010
Sunday, May 30, 2010
Saturday, May 29, 2010
Friday, May 28, 2010
Thursday, May 27, 2010
Wednesday, May 26, 2010
Tuesday, May 25, 2010
Monday, May 24, 2010
Saturday, May 22, 2010
Wednesday, May 19, 2010
Saturday, May 15, 2010
Thursday, May 13, 2010
Sunday, May 9, 2010
Saturday, May 8, 2010
Friday, May 7, 2010
Thursday, May 6, 2010
Tuesday, May 4, 2010
Monday, May 3, 2010
Sunday, May 2, 2010
Saturday, May 1, 2010
Friday, April 30, 2010
Thursday, April 29, 2010
Wednesday, April 28, 2010
We are Putting Penny Stock (OTC) LCRE on High Breakout Alert | The Stock Wizards
LCRE TSW is putting out a Special Trade Alert tonight for the stock. LCRE is getting ready to break out on a technical basis. LCRE closed above its 200 day moving average (.0008) today. We are looking for a major breakout over the psychological .001 level in the next few days. If you have not read our article on psychological support and resistance you may want to take the time to read it if you’re a rookie trader.
If you are a religious follower of The TSW Weekly Top 10 Focus List that’s put out every weekend LCRE made our TSW Weekly Top 10 on April 17th.
TSW has had some big winners off the Weekly Top in recent weeks some included are:
GOIG,HMIT, SFMI, HNAB, IWEB,POPN,IDCN just to name a few.
TSW Strives to get their subscribers in the stocks they mention before they make the big move. if you look at our Slogan at the TSW website “Predicting Tomorrow’s Movers Today” we really put our money where our mouth is.
Other stocks of interest that have breakout potential are:
MJNA if it breaks .20 could go big.
CAMH waiting for a close above .50
POPN party is just getting started as we alerted our subscribers this past weekend that it was going to move higher.
MJNA TSW has been compensated $5000 for a one-week Weekly Top 10 trade alert.
Monday, April 26, 2010
Saturday, April 24, 2010
Friday, April 23, 2010
Saturday, April 17, 2010
Wednesday, April 14, 2010
Monday, April 12, 2010
Saturday, April 10, 2010
Saturday, March 20, 2010
The Art of Trading Penny Stocks Psychological Support and Resistance
If you’re new to trading Penny Stocks this article will help you greatly improve your chances of becoming a better penny stock trader. We are going to focus on what professional traders call psychological support and resistance. What does this mean?
When trading penny stocks there are certain support and resistance levels that are known to professional traders as psychological levels. This has nothing to do with normal support and resistance levels that chart technicians use on a daily basis when looking for obvious support and resistance.
The psychological levels can be revealed on your level II trading screen. A level II trading screen shows you supply and demand for each individual stock. We will not go into a full in-depth review of level II in this article; it is something that all penny stock traders should look into. It is a very helpful tool.
TheStockWizards.net has identified psychological price points for penny stocks over the years. They are as follows.
We will break them up into different segments of the market. We will start on the low end and work up to the high end.
Sub Penny Stocks: Sub Penny Stocks are stocks that trade under .01. If you are new to trading penny stocks there are stocks that trade below .01. Not only can you trade below a penny, you can make a lot of money really quick. A reasonable amount of penny stock traders start off trading sub penny stocks. Traders like the fact that they can leverage a small amount of money. You will hear success stories of traders that started with $500.00 that run their accounts up over six figures in less than a year trading sub penny stocks. That is not the norm but it does happen.
Let’s look at the psychological break points in the sub penny arena.
Let’s start off by going as low as you can go. 0001 with no bid. How many times have you seen a sub penny stock with no bid and an ask of .0001. Traders call these lottery plays simply because they are very risky in nature. If they do not work out, you will lose your entire investment or will sit on dead money for a very long time. Traders will throw $500-$1000 purely for speculation; they don’t care if they lose their principal. They understand that they are taking a big risk.
The first psychological barrier would be when you’re trading with no bid with an ask .001. Demand changes and now there is a bid of .0001 with an ask of .0002. .0002 now becomes the psychological resistance level. Once the psychological resistance level of .0002 is broken a stock can in a matter of days head up to the second psychological resistance level of 001.
.001 is a real Psychological Barrier. When broken it can cause a massive stampede of buying. It is very easy to play this breakout because you’re using .001 as your guiding point. It is a very low-risk trade when going through this level.
.005 is another Psychological Barrier. But the biggest psychological barrier for sub penny stocks is when it goes from sub penny and crosses into the .01 area. This is another critical area when trading penny stocks .01.
Once a Sub Penny Stock crosses the psychological level of .01 and stays above this support level a new set of price levels kick in.
Other Price Points to pay attention to are .05 and .10 cents. .10 cents is a critical level just like a sub penny stock going through .01. The last two psychological resistance areas when trading penny stocks are .50 and $1.00.
Once you get familiar with these different psychological levels it will become second nature to you as time goes on. Using a combination of your level II screen with analyzing volume will help you get a better feel for when a stock is going to break through the psychological levels.
Learning how to trade penny stocks using psychological support & resistance levels is just another piece of the puzzle that we are to touching on that will help you become a better trader and investor. Understanding these barriers in the penny stock world will help you improve you bottom line. Make sure you read The Stock Wizard’s other informative articles, which will help build confidence in the fast trading world of penny stocks.
Windows Live Tags: Penny,Psychological,Support,Resistance,article,chances,trader,basis,depth,tool,TheStockWizards,money,fact,leverage,figures,norm,arena,times,lottery,plays,nature,investment,speculation,barrier,Demand,Once,breakout,area,Stock,Price,attention,combination,piece,investor,world,bottom,Make,Wizard,traders,segments,areas,barriers,articles,centsBlogger Labels: Penny,Psychological,Support,Resistance,article,chances,trader,basis,depth,tool,TheStockWizards,money,fact,leverage,figures,norm,arena,times,lottery,plays,nature,investment,speculation,barrier,Demand,Once,breakout,area,Stock,Price,attention,combination,piece,investor,world,bottom,Make,Wizard,traders,segments,areas,barriers,articles,cents
Penny Stock Bounce Plays: Your best Friend or Worst Enemy? WAMUQ
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.
TheStockWizards.net is looking for a stock to get stretched so far that it presents an opportunity to make some good money. Lets talk about some of the ingredients that we look for in this situation.
The first thing that you want to look for when prospecting for a bounce play is a stock that has great liquidity. What is liquidity? Volume. Because we are using a strategy of producing quick gains liquidity or volume is the key factor. Why do you want to trade a stock that has a lot of volume? So you can get in and out without hurting the stock.
Second, you must know some basic Fibonacci Retracement Techniques. This is not very hard to learn.
Thirdly, using some key moving averages will help you make better decisions. We will discuss this in detail later in the article.
Finally, you must understand when there is a gap in the chart. I will show you what a gap is in detail later on in this article.
Let’s look at some examples of successful bounce plays.
Example #1
WAMUQ (March 9, 2010) this is a stock that has a lot of controversy surrounding it. For those who follow the stock, you know what the story is. Starting on March 4, 2010 the stock started to break out and started heading higher. The stock went from .28 to .72 cents in the matter of four trading days. The stock gapped up three days in a row. On the final day, the stock gapped up from .55 to .70 cents. This was a huge gap.
(Gaps) If you do not know what a gap means let me explain it to you. A gap is when you take the stocks previous day close and the next days opening price. Example, if XYZ closes at .50 on Monday, the next day, Tuesday the stock opens at .75 cents. That gives you a gap of .25 cents or what Penny Stock traders refer to as “free money” when holding your stock overnight. The gap represents no trading between .50 to .75 cents. 100% of the time a gap will be filled when trading penny stocks at some given point.
So, in this instance WAMUQ gapped up .15 cents before falling apart. The stock makes a double top on the intraday charts and then it explodes to the downside. Totally crashes.
The topping process took about an hour and a half before it made its big move to the downside.
Let’s talk about what we are looking for in a bounce play. Like we said before we need volume and the stock had enormous volume so that met our first criteria. Second, WAMUQ gapped up three days in a row so there were gaps to fill on the downside, another criteria met.
(50% Hair Cut) Let’s talk about Fibonacci Retracements. To read more on Fibonacci Retracement click here . Now using our rubber band theory that we talked about earlier, we are looking for the rubber band to be stretched, or in terms of a penny stock you’re looking for the stock to make a huge move to the downside. We want the move to be hard with a lot velocity and volume. WAMUQ had a high of .70 cents for the day. Using the high of .70 we are going to divide that number by 2. .70 divided by two equals .35 cents.
Using this equation TheStockWizards.net will not attempt to even buy one share of stock in WAMUQ unless it hits our number of .35 cents or lower. TheStockWizards.net never buys into any bounce play until at least a 50% haircut has been accomplished. In the case of the stock, WAMUQ came right down to our 50% haircut number of .35 cents. Actually, the stock price went one tick below that .34-cent number. So another criteria was met for a potential bounce play.
Now, up to this point the stock has fulfilled its 50% haircut and filled the gaps. We are potentially setting up for a nice bounce play. However, we still need to meet certain criteria. Lets talk about them.
(Moving Averages) another criteria we look for on a bounce play such as WAMUQ had, we will go to the daily chart and look for a support level from the moving average. Again, you do this from the daily chart. If you look at the daily chart below, you will see that the stock came down to the 10 day moving average and gave the stock strong support. Another criteria has been met. Let’s take a look at the last key ingredient to make this the ultimate bounce play.
(Volume) When you are looking for the absolute bottom on a bounce play volume is the key. All you have to do is go to a five-minute intraday chart and put a volume indicator on that key timeframe. We will discuss this with a chart example. When you start to see abnormal volume kick in on a five-minute chart it is time to move in for the kill.
Looking at the five minute chart of WAMUQ there was no five-minute bar that had more than 5 million shares traded in a five-minute period, until one bar did 10 million shares in a five-minute. That was your warning indicator that the stock was about to make a reversal when you get the one big blow off volume bar on your 5 minute chart. This is when you want to start buying for a reversal. (See the chart)
In summarizing bounce plays, you must have disciplined and be very patient. Let the trade come to you. Do not force the action. Waiting for your criteria to be met is very critical.
Gaps: Are there any gaps to be filled?
50% haircut: has the stock drop by at least 50% from the high of the day.
Moving averages: are there any moving averages that line up with your other criteria?
Volume: make sure you have a five minute intraday chart up with a volume indicator just like we have on the StockWizards.net 5 minute chart. Wait for a volume breakout that is bigger than any other bar.
Just remember bounce plays can also be disastrous if not play correctly. However, if you play them correctly, you can make some good money in a quick period of time.
Good luck
TheStockWizards.net.