Small Cap Stock Picks: Black Service Locks In Big Gains on NANO and CGR
Nov 12, 2009 Small Cap Stock Picks, Technical Analysis
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Small Cap Stock Pick: NANO
NANO was making moves yesterday on big volume yet failed to make its breakout @ 9 resistance. But after doing some DD on the company they’ve got some insane growth moving forward which gave me enough conviction my dabble in some shares and alert the Black Service crew that i went long @ 8.71 in anticipation of this breakout today above 9. NANO was hot out of the gates peaking near $10. Due to the market nervousness ive been quick to take profits and havent really been screwing around “hoping” for the best. If i got a nice profit i want to keep it and not get shakin out on volatility. We sold NANO today @ 9.75 for a solid 2 day Trade.
Technical Analysis:
Small Cap Stock Pick: CGR
CGR we picked up @ .83 as Gold was on fire breaking to new highs and i want to get a piece of the action if it continued. Gold has made a solid run but looking a little toppish short term. CGR certainly could continue because its breaking out here but $1 is always a tough barrier to break so i sold for a nice gain to lock that money in the BANK!
Technical Analysis:
