Tuesday, December 29, 2009

Wednesday's Watch List - ZVTK, OPLO, GOIG, HESG

HESG continues to chop around a narrow range waiting for an impetus to drive it higher or lower.  $.0004 must hold for this run to continue as the price offers technical support.  A break out of this slow decline could bring a quick double to these shares.  Keep an eye on HESG to hold and trade above $.0004, if not then lower prices may lie ahead.




ZVTK on the Guru watch list you ask?  Yes we called the pump when ZVTK was in the clouds.  The very next day it fell 40%, a drop which no one except the Guru was expecting.  Well in all honesty I was not expecting it to come so soon.  But it was a much needed splash of reality for the ZVTK kool-aid drinkers.  Let us see if they can somehow mount a small rally in these shares tomorrow.  No good pump ends after one crash.  We need to lure in more pigs for the slaughter.  There is no better day than tomorrow.  Trade it but don't hold it.

 

OPLO is a chart to behold.  A round of applause goes out to anyone who bought at or near the bottom and is still holding some shares.  This isn't one you guys should be chasing at this point.  Enjoy watching the action but spend your time trading stocks that have yet to explode exponentially to the upside.  It is too easy to lose money up here.







GOIG continues its struggle to bounce.  Although 75% off its low, the stock seems to still meet signifcant resistance at $.0008 and $.0007.  Until those levels are breached GOIG will be stuck in the $.0005 to $.0007 area.


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