Penny Farmer’s Crops to Watch 06/16
Happy Thursday Penny Farmers
Today I’ll be watching the list from Wednesday which now
includes $VMEM and $MGT. I traded them both yesterday and think they may still
move nicely. There are a few new stocks to add to the crops.
Main Crops:
MOSY, 41.82% EOD. This one had a nice run up to .47. On the
daily chart it looks like there is resistance at .48 and then again at .52. So
if it can break past the .48 it could be a nice gainer.
NVCN, 17.50% EOD. This
had a nice run all day with a top at .48. It came close to the HOD and closed
at .47. I’m bullish on this one but I’d wait for the breakout of .48 before
getting in.
CPRX, 12.21% EOD. This ran from open to close and then sold
off A/H. I think profit takers were playing the A/H. This could run another day
but keep in mind that Wed action seemed to form a loose double top at .83 to
.84 to trade safe.
Side Crops: TGD, IPI, LODE
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