Stocks To Watch 11/28/12 – SVEN AMBS ELAY SRGE

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SVEN  Volume/Momentum – (Superior Venture Corp.) closed up over 219% today at .315c, the stock’s high of day, on it’s highest single share volume day ever of 126 million shares. The stock will be one to keep an eye on over the coming days and weeks with a large promotion starting today. The inconsistencies in the groups touting the stock certainly make you think twice about betting the house on their plays these days, but with less and less opportunities in the OTC Market every day, liquid opportunities like those presented with SVEN give traders the best shot (when purchased at the right time) at making money in short windows of time. Watch for the stock to consolidate some and find support somewhere near .30c before going green tomorrow to remain trending higher.

AMBS  Breakout Watch – (Amarantus BioSciences, Inc.) closed up over 11% today. The stock recently moved from near .005c a share to over .08c before trading sideways near where it sits now at .038c. Look for the stock to continue to hold support near the 200 day moving average in the .034-.037c range.


ELAY  Continued Bounce – (eLayaway, Inc.) closed up almost 20% today at .0
055c after seemingly finding a bottom near the .004c range, as we have stated over the past few days it likely would, after coming down from recent highs of .015c. Look for this bounce to continue into tomorrow. Another break of the .006c range on the stock could propel it to test the .008c range quickly. Look for continued momentum tomorrow to keep the stock bouncing off it’s recent dip.


SRGE  Bounce Watch – (Southridge Enterprises, Inc.) closed down slightly over 33% at .0129c after consolidating from recent highs of .0194c. The stock moved over 40% from our initial breakout watch alert Sunday night and will be a good bounce candidate over the coming days. There is a small gap near .0095c on several minute charts leading us to believe this could be a nice buying price if opportunity knocks in the short term. Keep this one on bounce watch.


Happy Trading!


The Penny Stock Experts Team at Todayspickis.com

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