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Thundrous Thursday Stocks - 06/18/09

Wednesday, June 17, 2009 Leave a Comment

What a phenomenal day on Wednesday. I am very grateful for the day - a 25% increase in my account. Very thankful for my stock picks and how they performed.

SYNJ had a surprise run....I was ready to give up the ghost on it. It hit .14 and I started sweating bullets. But thankfully, some crazy spark hit, and then it took off. It has a bullish engulfing pattern, so today should at least have a spike in the AM. I'll not hold it for long...trust me.

EESO also took off. I knew it had potential based on the chart. Let's see where it goes today. I have no faith in continued runs for penny stocks. The message boards make all pennies sound like the best thing since sliced bread, but truthfully, they are penny stocks for a reason.

My 10% candidates for yesterday were: ABK (1.29 to 1.22, -5.5%), FRE (.72 to .68, -5.5%), and ASTM (.3752 to .378, +1%). Not my expections. We'll keep trying.

My 10% candidates for today are: ABK, FRE/FNM, ASTM. I still like em.

AGEN - http://stockcharts.com/h-sc/ui?s=AGEN&p=D&b=7&g=0&id=p34236631034
My gut tells me this isn't done yet. Looks like it's accumulating for another run to 3.00+.

AMNE - http://stockcharts.com/h-sc/ui?s=AMNE&p=D&b=7&g=0&id=p34236631034
One message board posted a comment that it looks like .006 must be a parking spot for this on. Keep holding. I think still she's ready to take off soon. Supports are at .005 and .006. Resistances are at .009,.0093,.019, .021. I'm targeting .001 - .0015.

Peaked its head above oversold last week, and looks like a pseudo-pincher is forming. Leveling off - let's see what happens today and tomorrow. It's getting close.

Took a healthy dip today, but I believe it has some good strength. Should recover from here, but with it being a financial, proceed with caution. I like it alot..bought some yesterday.

Jumped, and looks good for tomorrow. Watch the morning pump and dump.

Lots of interest, volume, and good price. As I said previously, it was getting ready to pop and I still think it can generate some good percentage points for you. News killed this one today, but it still can run.

This one should surely hit rock bottom soon. Just to watch.

Just to watch. Pincher pattern forming.

Don't be surprised if this one breaks out. I'm liking the chart. Let's watch and see. I'll probably jump on this one today.

Has had some tremendous strength, and think it will continue. Bullish engulfing pattern.

 

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