penny stocks to watch for 2/2

Tuesday, February 1, 2011 ·

Hot penny stock pick for 2/2
CNU - Continucare Corporation listed on AMEX.
CNU - Sector: Healthcare, Industry: Healthcare Facilities.
CNU gain 6.14% on 02/01/11 and a total percentage of 8.00% in the past 2 days
CNU is trading in the range of $3.76 - $4.93 in the past 30 days.
CNU bounced back from a recent support.
Commodity Channel Index (CCI) is bullish for CNU.
CNU formed a Bullish Bollinger Band Crossover (Lower) signal.
Money Flow Index (MFI) is bullish and moving up for CNU.
The 10-day simple moving average is bearish and moving down for CNU.
Average volume increase over 10% for CNU.



PLG - Platinum Group Metals Limited (USA) listed on AMEX.
PLG - Sector: Basic Materials, Industry: Metal Mining.
PLG gain 3.57% on 02/01/11 and a total percentage of 3.57% in the past 2 days
PLG is trading in the range of $2.20 - $2.80 in the past 30 days.
PLG bounced back from a recent support.
Commodity Channel Index (CCI) is bullish for PLG.
Money Flow Index (MFI) is bearish and moving down for PLG.
The 10-day simple moving average is bearish and moving down for PLG.
Average volume decrease over 5% for PLG.
Stock performance base on day of week in the past 90 days.
Monday: 5.42%
Tuesday: -11.92%
Wednesday: 23.32%
Thursday: 7.84%
Friday: -10.38%

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.