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PPCH (Propanc Health Group Corp.) finally showed weakness today, as we suggested it might following yesterday’s lower volume day, closing down more than -40% after hitting a new high of exactly .10. That may be the magic number for the stock; we’ll see if it gets a bounce back some tomorrow or keeps going lower, but it wont be in focus.
PMCB (PharmaCyte BioTech, Inc.) was today’s best trade based on price action and dollar volume, closing up more than 25% with nearly $2.5M exchanging hands, as shares continue to move higher from our initial watch list mention a few weeks ago. If you remember our post, we touched in the fact the stock made a run up to .60 last year before slowing down, and it looks like it’s running again this year. Keep the stock on watch tomorrow, and keep it on closer watch if it dips back below .20.
OSLH (OSL Holdings, Inc.) made a nice 30% jump from our watch list earlier this week, and after a strong close today, it could be setting up to finish the week in similar fashion. Shares closed up nearly 15%, just off their session high, and at their highest point during this recent rally. Watch for a strong open to set the precedent for a potentially strong finish to the week.
MAXD (Max Sound Corp.) is another that has continued higher from our recent watch, up by more than 60% this week after our mention just one week ago, and has showed little signs of slowing down. Shares closed at today’s high of .079, up nearly 27%, and could continue higher closer to towards the 200 day moving average at .09. Keep the stock on your watch list.
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