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OLIE made a nice move off an early dip this morning, just as we thought it might, HERE, to the tune of more than 100% from it’s lows to it’s highs, making for a nice morning for traders. We are going to cut to the chase, and keep tonight’s watch list short and sweet.
TGRO – Continued Promotion/Volume – (Tiger Oil & Energy, Inc.) – closed up 20.00%, at .60c a share, on more than 3.7 million shares traded Wednesday. Tiger Oil & Energy headquartered in Wichita, KS is an oil and gas company engaged in the exploration, development and redevelopment of oil and gas fields in the United States. TGRO is now up more than 50% from where we first pegged the stock as an upcoming promotion, HERE, but could be on the brink of another move up. TGRO closed not far off today’s high of .62c, and saw a nice increase in volume, but will need to see another increase tomorrow and a close above .60c to remain bullish. A promotion of this magnitude only gets riskier and riskier as time moves on, which is something to be mindful of. Keep it on close watch.
KGET – Potential Continued Breakout – (KleanGas Energy Technologies, Inc.) – closed up 56.86%, at .008c a share, on more than 45.3 million shares traded today. KleanGas Energy Technology is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Shares of KGET broke higher today, trading to a high of .0098c, and managed to close over previous resistance on a nice increase in volume. A continue increase in volume, and a break past .01c, could make
KGET double similarly to that of OLIE on Wednesday. Keep it on close watch.
TRTC – Potential Continued Breakout – (Terra Tech Corp.) – closed up 8.93%, at .122c a share, on more than 5.2 million shares traded Wednesday. The company integrates best-of-breed hydroponic equipment with proprietary software and hardware to provide sustainable solutions for indoor agriculture enterprises and home practitioners. Shares of TRTC continue to move higher, as we suggested they might in THIS blog post, but may not be done just yet. TRTC is very similar to PHOT in it’s business style/description, both providing similar infrastructure to the medical marijuana/cannabis industry, and both seem to be the most desirable stocks to own in the sector. The stock opened and held above it’s 200 day moving average at .111c, which is a level that may build as support in the future. It looks like it may still have a few cents to the upside in it before pulling back, but major resistance sits at .15c. We are fans of “buy on the dip” with TRTC, which has yielded nice profits in the current trend. Keep it on close watch.
The Penny Stock Experts Team at Todayspickis.com
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