Priced under $1, these 4 stocks all have the potential to jump 10% to 20% from
here. Read on to see how Ill consider trading them in todays bull market. Qiao
Wing Universal Resources ( NASDAQ:XING ) has a market cap of $84 million and a
very good looking short term chart. with support at the 20 Moving Average of
$.78, a move above $.90 opens the door to a test of $1 short term. Pacific
Ethanol ( NASDAQ:PEIX ) touted good earnings Wednesday after the close and is
sure to be on fire today. A tiny market cap of $11 million makes this a volatile
play. I expect good liquidity today with resistance at $.51 before it could
really breakout and test the $1 range. Support is at $.40 and $.36. This stock
was alerted in our chat yesterday before earnings, click here to join us . Mad
Catz Interactive Inc ( AMEX:MCZ ) was put out to my subscribers at $.70 on
Monday before the move. I still like it on its way up to $1. Click here to see
how I spotted this big move before it ever happened. National Bank of Greece (
NYSE:NBG ) looks like it could see the $.80 range today. From there Id expect to
see it consolidate and test $1 short term. Unlike the other 3 stocks on this
list, it has a market cap above $1 billion so it wont move as fast as the
others. Support is at $.62 followed by $.60.
No comments:
Post a Comment