21 May

Penny Stock Watch For Tuesday May 22, 2012

by

Momentum Stocks

PEIX candle over candle with $.53 as a tight stop. Resistance at $.70 and $.80 makes this a good swing if it can finally hold a trend.

WAVX  nice move off the bottom Monday with no major resistance until $1.24 should it hold trend. Classic video lesson 1 here.

JASO up 11% today isn’t my favorite, hate chasing but think $1.25 is reasonable on the swing so I’m watching for a key break of $1.

NNVC I’m on the bid for 50,000 shares just above $.56, we’ll see if it gets there. If it turns on me, I’ll consider moving my bid up.

MCZ candle over candle Monday gives a tight stop at Friday’s low, oversold and good room to run to $.55 before resistance.

1 Comment

  1. Shermanalford
    Shermanalford on May 21, 2012 at 10:15 pm

    jb acc builders is great us with small accounts trying to get back up &rolling keep up the good work ; i know we pay you for this service but in my opinion you give us our money’s worth plus a lot more i thank you for dedication & your communication with us as traders&students THANKS AGAIN !!!!!!!!!!!!!

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *

Choose From The Topics Below To Receive Jason Bond’s Market Insights & Alerts:

[adzerk adTypes=”162″ utm_source=”wrbrbwad” utm_medium=”w” utm_campaign=”wadproductweb” utm_term=”JRDE” utm_content=”wwjbpnormsbar_jbp_sidebar” keywords=”jason-bond”]

[adzerk adTypes=”3834″ popup=”true” delay=”3″ cookie=”1″ keywords=”jason-bond”]