Wednesday, May 26, 2010
Thursday's Stocks To Watch - RNWF, SCLL, IDCN, ENTI, NWTT
RNWF hit new 52 week highs today before pulling back. I think this stock will hit and break $.01 in the short term. The daily gyrations do nothing to sway my opinion on this stock.
SCLL is setting up for a big run. I think the current price range is an attractive entry for the impending 300-500% run that lies ahead.
IDCN continues to consolidate at the $.0008 - $.001 level and looks like it might be ready for its run to $.0019 and beyond. I am not losing my faith in this stock.
ENTI I think this stock will see a nice rebound to $.006 and possibly $.007 short term. From there its anyone's guess.
NWTT this stock offers a great risk/reward opportunity. I think buying down here will result in an easy 2-3x return down the road.
SCLL is setting up for a big run. I think the current price range is an attractive entry for the impending 300-500% run that lies ahead.
IDCN continues to consolidate at the $.0008 - $.001 level and looks like it might be ready for its run to $.0019 and beyond. I am not losing my faith in this stock.
ENTI I think this stock will see a nice rebound to $.006 and possibly $.007 short term. From there its anyone's guess.
NWTT this stock offers a great risk/reward opportunity. I think buying down here will result in an easy 2-3x return down the road.
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3 comments:
Guru, based on the RSI, RNWF appears oversold. How will this affect the view of .01?
^^^^^^ Regarding the above, I meant overbought.
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