Stocks To Watch For Wednesday 03/26/14 – PHOT LATF DIRV

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ERBB made it past .11 early this morning, reaching a new high of .113, before meeting resistance and ultimately closing red on the day. If it comes back below .08 over the short term, it could be another good buying opportunity. Keep it on your extended watch.

PHOT – Potential Continued Breakout – (GrowLife, Inc.) – closed up 15.38%, at .58 a share, on more than 33.7 million shares traded Tuesday. GrowLife, Inc. is a company with core holdings in innovative technology-based products and services for the indoor gardening industry and specialty markets. PHOT held support near it’s 10 day moving average at .50, bouncing nicely off that level today, and today’s session might have earmarked the start of another leg up in the stock. Shares have methodically bounced off this moving average over the past several months, and might be on their way back to testing recent highs past .75. Keep PHOT on close watch.

LATF – Potential Continued Breakout – (Latteno Food Corp.) – closed up 24.30%, at .0133 a share, on more than 421.8 million shares traded Tuesday. Latteno Food Corp., through its subsidiaries, is focused on operating within the food and beverage industries. The company creates marijuana infused “edibles” including brownies, cookies, and candies. Shares of LATF closed not far off today’s high of .0139, holding a low of .0113, slightly above their previous close of .0107, and look like they could keep moving higher tomorrow. If LATF can close above .015, the stock could be well on it’s way to testing and/or breaking it’s 52 week high of .02 soon. Keep the stock on close watch; cannabis related stocks continue to be hot, and LATF has a unique perspective on the industry.

DIRV – Potential Continued Breakout – (Direct View Holdings, Inc.) – closed up 147.06%, at .042, on more than 73.6 million shares traded Tuesday. DirectView Holdings, through its wholly owned subsidiaries, is a fast-growing provider of security, surveillance, video, and teleconferencing technologies and services to businesses and organizations operating in commercial, government, medical, and education sectors. Shares of DIRV closed at a new high on record volume today, a great sign that the stock will likely continue higher at least early tomorrow morning. At this point, if you’re not in already, you’re looking for the stock to show some consolidation off it’s high before entering for a possible quick trade. Keep it on close watch; it’s nice and liquid and should provide opportunity.

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