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Topic: MOMENTUM STOCKS WATCHLIST

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These are momentum stocks that recently reached a 1-year high and have pulled back.They are not necessarily buys now, but could be watched for a renewal of their uptrend.

ADST....2.87

ACTG....5.95

ELP.....7.17

ZIGO....14.87

Posts: 217 | From: Texas | Registered: Jun 2003 | IP: Logged |

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There are quite a few stocks that have pulled back during an uptrend. I'll list only three that Stochastics (5,3,3)indicate that an upturn may be close.

DNTK...0.57

KONG...12.28

ZIGO...13.94

I'd wait until until Stochastic %K crosses above %D and Williams %R turns up, before considering buying. This has been a tricky market, and it's very easy to zig when you should be zagging.

Posts: 217 | From: Texas | Registered: Jun 2003 | IP: Logged |

JimSC
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Great entry points for 4 high-growth stocks
at bottom:

CLBE, VTLV, VMHVF, and PMED.

Posts: 3228 | From: Michigan | Registered: Aug 2005 | IP: Logged |

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why?

--------------------
Nashoba Holba Chepulechi
Adventures in microcapitalism...

Posts: 21062 | From: Fort Worth | Registered: Apr 2005 | IP: Logged |

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JimSC,
I don't trade penny stocks, but purely by looking at their their Stochastic graphs, I like CLBE and VMHVF the best because of their smoother up-and- down waves. The other two are choppier. That's just my preference.

Posts: 217 | From: Texas | Registered: Jun 2003 | IP: Logged |

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