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4 Small Cap Stock Picks proned for Profits: DRL, VKNG, CWTR, JASO

Sep 8, 2010 Bullish Stock Charts, Small Cap Stock Picks Comments

Stocks ended the day slight up after the beige book and obama mama speech and their were several setups today to take some serious note of as they have large potential to pull in some strong returns.

Small Cap Stock Pick : JASO

JASO broke out of a 1.5 year long resistance level today on a strong 2011 outlook and huge volume today. I made a trade alert to hit long @ 7.12 as this could likely run to 8-9/share in the near term based on this chart pattern and as long as the market does have a huge meltdown.

Bullish Stock Chart:

Small Cap Stock Pick : VKNG.OB

Heres one helluva bullish stock chart if you ask me. I alerted that i took long positions today during the session @ .40 and .435 into the close. Price closed @ the high of day breaking out of an intraday triangle pattern which gives us some HUGE momentum heading into tomorrow. I think this could definitely have another big day tomorrow. Yet as always with penny stocks, this shit is shady as hell so don’t get greedy. Take profits and cut your loss short cuz you never know what the hell this thing is gonna do.

Bullish Stock Chart:

Small Cap Stock Pick: DRL

DRL has been consolidating nicely into a tightened triangle pattern that has yet to be broken but i entered into this today in anticipation of a breakout of which i will add to the position if that occurs. No resistance here up til around 2 bux. Lets do it.

Bullish Stock Chart:

Small Cap Stock Pick: CWTR

Last but certainly not least is CWTR’s ascending triangle setup that is yet to be in play. But like, DRL. i entered long some shares today in anticipation of this breakout that could spark a big move if price breaches that neckline resistance in the 4.90’s. If and when we do breakout i will ad to this position.

Bullish Stock Chart:

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Sep 7, 2010 Small Cap Stock Picks Comments

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VHC up +26% and REE up +23% After Black Service Buy Calls

Sep 7, 2010 Bullish Stock Charts, Small Cap Stock Picks Comments

Small Cap Stock Picks REE and VHC were both hugely bullish stock charts that are up very nicely after i alerted the black service crew of my entry into both of them last week. Yet, after coming off my worst trade of the year and that pesky jobs report in conjunction with market volatility. I failed to maintain enough discipline to stick to my usual trading rules and kept my stops in place too tightly which lead to me not reaping the profits on these big moves unfortunately.

Yet many of the black service crew members held on tight and are up huge on both these positions.  Both VHC and REE were still up nicely today in spite of the market downturn. I would recommend locking in profits on both positions if you are still holding in these areas.

Bullish Stock Charts:VHC and REE

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REE is the Small Cap Stock Pick you need to see!

Aug 31, 2010 Bullish Stock Charts, Small Cap Stock Picks Comments

Small Cap Stock Pick: REE

Despite stocks hitting new lows across the board. Some are making new highs with some very impressive breakouts in play. Just like our new trade opened in VHC yesterday. REE broke out today as well to new all time highs forming a very bullish trade set up and that could result in some high profits if we can get a follow through on the breakout into the next couple days and price holds above support.

REE posted record volume today on the all time high breakout so the volume is pushing strong and momentum looks very bullish heading into tomorrows session. Need to keep stops tight though as breakout follow ups have been hard to come by in 2010.

I entered long @ 4.44 today yet alerted the stock first early in the morning chat about the potential while it was in the 4.20’s. Price rose as high as 4.73 during the session. I think we could see 5+ in in the coming sessions. First off need to hold up above breakout support though and see more buying pressure into tomorrow.

Bullish Stock Chart: REE is up 2.5% in ah trading

VHC stock chart:

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Took a Hard hit and Sold PCBC for a $10,000 Loss. But we Live to fight another day!

Aug 27, 2010 Small Cap Stock Picks Comments

An unfortunate turn of events we had to suffer today with PCBC. The chart was in full force heading into todays session. I was either gonna buy in on the breakout and sell into the strength during the day or sell in the 1.50’s if we started to breakdown today. Instead … On no “new” news the stock plummeted all the way down to the .40’s during pre-market and rallied back to 1 in the morning. Ended up selling a once significant gain for about a $10,000 loss @ .86. But.. This is the market. And tomorrow is another day. This happened to us last year with CIT when we were up nicely on out position with a perfect chart setup breakout and the next morning the stock gapped down huge and sold for a monster loss.

You can see here im pumped about the position in the blog post the day before the meltdown we suffered on CIT. Just like what happened here with PCBC today.

But the rumors are still in play and the chart rallied once again to breakout of an intraday chart pattern where i initiated a day trade @ 1.88. Then as CIT began breaking above $2/share i knew it was on and i alerted the Black Service crew that i bought another position for the portfolio @ 2.05. CIT exploded into the close ending the day @ 2.20 where i’m holding this position over night. I took some big profits with my day trade and sold @ 2.18 from 1.88.

The next day CIT pre-market on news and i sold a once solid gain for 36% loss in the 1.30’s which was very painful. The important thing to know here is not to get too discouraged. Don’t get me wrong this completely ruined my fuckin day and i’m livid about it as we were banking HUGE on this and if only we could have just sold for the profit the day before, which some members did thankfully! Or for that matter why the hell did price drop to the .40’s premarket with out even a PR to give way to the drop. Now to dig ourselves out of this whole it is important to maintain rational thinking. keep focused on your trading strategy and don’t get caught in the deadly cycle of revenge trading where you start swinging for the fences hoping for that homerun and forget about sound trading, discipline, and diversification. Unless you get lucky, you’re probably gonna continue digging your hole deeper. Anyways we recovered from our loss on CIT and profited greatly into the year. I’m confident we will do the same as we press on into the year and make back our coin on the PCBC loss.

Long PCBC @ 1.08 and 1.37… Sold @ .86.. BOO YAH!

$PCBC is a BUY if we Breakout from 1.66 Tomorrow

Aug 25, 2010 Bullish Stock Charts Comments

PCBC has been forming some really great intraday triangle set ups that ive been buying into and profiting huge on. Looking @ the latest consolidation formed today we are setting up for yet another big possible run. Todays breakout on the daily chart suggests a big possible continuation upwards near 2 resistance.

If we look @ the intraday chart we can see the consolidations that i bought into the first 2 time. With this daily chart bull signal its very possible that we could see a continuation into tomorrow. The intraday chart shows us a buy signal if price can breakout above the 1.66 neckline resistance  triangle pattern. I’ll likely be adding to the position for a 3rd time if we breakout tomorrow. It will probably happen, the market formed a bullish hammer candle and is way oversold. Its due for a technical bounce which will add to the bull power of PCBC on Thursday. Guess we will see how the trade goes tomorrow price is currently up to 1.66 in after hours trading as we closed @ 1.61.

Bullish Stock Chart: