Stocks To Watch For Tuesday 12/17/13 – PHOT NTEK FLPC

FLPC IS ON WATCH FOR A BOUNCE BACK AFTER TODAY’S DROP: SIGN UP FOR OUR FREE NEWSLETTER ABOVE TO BE AMONG THE FIRST TO RECEIVE OUR NEW PICK: COMING SOON!

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FLPC closed down after, what we would consider, very positive news was released from the company. Today’s drop could be contributed to a lack of clarity or understanding in the market, but most related to stock meeting resistance at the .04c level after trading down to .02c the week before last. If FLPC can establish a low above .02c, preferably .025c or higher, and build back up to testing and breaking .04c over the short term, it could be in for a nice move to retest it’s previously made 52 week high of .08c. Keep it on close watch. 



PHOT – Potential Continued
Breakout
 – (GrowLife, Inc.) – closed up 20.97%, at .139c a share,
on more than 34.38 million shares traded Monday. GrowLife, Inc. is a
company with core holdings in innovative technology-based products and services
for the indoor gardening industry and specialty markets.
 PHOT is a previously announced
profiled blog alert of ours from October,
 HERE, when shares were trading below .065c a share. Since then, PHOT has been featured on our blog multiple times, and has continued moving higher to new 52 week highs. Shares traded to a new high of .14c today, rallying higher after breaking their previous high of .12c. If PHOT breaks past .15c, it could be well on it’s way to .20c over the short term. This has been our outspokenly favorite play-on the medical marijuana movement. Keep it close watch.


NTEK – Potential Reversal/Continued Breakout – (NanoTech Entertainment, Inc.) – closed up 6.67%, at .144c a share, on more than 5.1 million shares traded Monday. NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With five technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. Shares of NTEK continued their bounce back from lows near .11c last week, to close just off of today’s high of .1445c, and look like they could continue higher tomorrow. A break and hold above the .15c level could confirm a potential reversal back to retesting 52 week highs near .18c for the third time. The key will be, as always, the trading volume to the upside for the stock. It has been a great buy on the dip, sell on the rip trade, but in order to keep holding it’s trend higher, it will need volume to continue to be strong to the upside. Keep it on close watch.

FLPC – Profiled Alert/Continued Watch – (First Liberty Power Corp.) – closed down -17.40%, at .0318c a share, on more than 5.7 million shares traded Monday. First Liberty Power Corp. is an innovative and industry leading company focused on the exploration, development, mining and refining of strategic industrial metals in the United States. Our primary target elements include Lithium, Antimony, Vanadium, Uranium and Graphite. Shares of FLPC traded down on good news today, after trading up for four straight days, but remains on our watch list to hold a higher low above .02c, ideally between .025-.03c, and bounce back to retest the resistance it recently met near .04c. FLPC did release some very positive news this morning, just after the market opened, that might not have been immediately understood, but could have a long term effect on the share price. FLPC established a sales agreement by where a specific company will be paying them a premium for antimony, due to their high level of integrity at the mine, and ability to provide antimony ore at an efficient rate; something that is becoming harder and harder to acquire as antimony resources continue to dwindle. Read more, HERE. Keep FLPC on close watch for a bounce back tomorrow into the end of this week. We expect more updates from the company soon.




Happy Trading!


The Penny Stock Experts Team at Todayspickis.com

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