Mondays Stocks To Watch - AVIX, FLRE, ICPA, PASO

We had a nice close to the week on Friday. 3 out of 4 stocks on my watch list had great sessions with SMHS up 150% and FLRE +30% on strong money volume. Money flow in the market was strong as well and this bodes well for penny stocks heading into the holiday season.

Here are Mondays stocks to watch AVIX, FLRE, ICPA, PASO

AVIX chart looks to be making a turn here, some late day buying volume could be a good signal for this week.

FLRE I think this stock will extend its gains from Friday. There was strong buying interest throughout the session and I see no reason why Monday will not be any different.

ICPA this $.003 stock has fallen slowly on very light volume. It could fall further but I think its poised right here to make a reversal. Add this stock to your watchlist.

PASO this $.0002 stock will have its day sometime in the near future.

FLRE - Chart Update

FLRE closed 30% higher today as the stock continues to move itself out of oversold levels. Volume was strong as was money flow and the stock has excellent momentum heading into the weekend. With the 50DMA at $.16 and the 200DMA at much loftier levels, there is a lot of room for this rebound to go. To those who took the chance at $.008 on my blog posts and tweets, congratulations on the rebound. Nothing is certain in this market, and its always nice to see a stock rebound for my readers and subscribers. I do think there is potential for more gains, and FLRE could see $.02 or better in the short term if this bounce continues.

Friday's Stocks To Watch - ATYG, SMHS, FLRE, DGIN

ATYG currently at $.0034 a share, this stock has fallen from over $.10 a share in recent months. The company is current at OTCmarkets and the stock looks poised to rebound from current levels. Add it to your watchlist.

SMHS a quick look at the chart shows a stock that has slowly fallen from $.006 to now $.0002 a share, with not much of a bounce. I think this stock has a nice bounce in store over the coming days and weeks. At $.0002/.0003 a share there is a risk it goes to no bid, but I also think a great chance to profit should the stock rebound.

FLRE I like the way this stock is trading right now. It hit new lows earlier this week and has since crawled back. The last two days have the stock starting to turn the corner and I think it could break $.01 and ultimately $.02+. But right now lets see it hold above $.008 and get through the resistance at $.0095.

DGIN has been stuck in a range $.0007-$.001 for quite a while. You have to like the support right now and if the company comes out with some news that investors like, I think it could break $.001 and make new highs since the summer swoon.

FLRE - Poised For A Bounce?

FLRE I like this stock right now, but before I tell you that lets talk about the negatives. This stock just did a 1,000 for 1 reverse split on August 3rd. That is not a positive for anyone buying into this stock, because it usually means another one is possible down the road. That is not always the case, but it is something to be wary of. The second negative is the ongoing dilution. You don't split a stock and then suddenly get liquid again without dumping shares into the market. That explains the drop in price.

What do I like about this stock right now? I really like the chart. The price is holding above $.007 and volume has been strong. The company has a professional web presence, and the money flow indicates people are buying the stock. I think this stock could mount a rally from current levels and it remains a stock to watch, unless the selling continues unabated. The moving averages are skewed due to the split, with $.18 and $2.60, I would rather think a bounce could bring this stock back to $.02 or better.

FLRE - Dump and Run - Looking To Run

FLRE - the money flow and chart leads me to believe this stock has some upside to give to its investors in the short term. The moving averages are sky high and the over $100k money flow day indicates traders are betting on gains from here. I agree and think a break above $.01 could set this stock up for a big short term move higher.