ROSG:- Announced earning s on may 19th . positive results and received an analyst upgrade on May 20th 2016. Prime watch as it has long term support at 1.00 and is currently at 1.07, good swing play or buy as it has upside potential of 30-50 cents with less than 5 cents downside. Good risk reward if it gains volume. Downside is protected as it has 4-5 hedge funds invested in this play.
GLBS – showed support/resistance at 0.49, broke it and squeezed until 0.84. This stock historically does not hold its gains. Watch for a retest of 0.66, has spiked from this level with a 30-50 cents upside and could find support at 0.62. Moving up without a catalyst so not a favorite.
GBIM – has strong resistance at 1.38, a break above this level could bring in some buying power. Had spiked over a dollar when it managed to break 1.38, needs volume. If it breaks 1.38 it could find support at 1.35. on may 19th it receieved a failure to meet listing requirements from nasdaq.
WRES – moved on Friday with no news. Has long term support at 0.08 , watch for the break of 0.113 as it has spiked upto 0.39 last time it broke 0.12. needs volume. Massive resistance at 0.16.
CJES – no play until it touches 0.85. bad bad long term chart.
ORIG – gapped up from 1.69 to 2.69 due to earnings. But did not hold it gains well. Watch for break of 2.30 to see how it reacts, no play as of now.
ONCS – watch for break of 1.81 to decide for a play. Nice 10-20 cents upside but support is at 1.43 which is not good risk to reward.
DCTH – watch for 0.30 support and 0.42 resistance. Kinda stuck in the range. No play for now.
RNVA – nice support at 0.57. has run uptill 1.16 when it broke 0.65, so chart seems to be setting up well. Watch for volume to decide how to proceed.
RENN – bad long term chart, bouncing from all time lows of 1.89. if it reaches 2.16 could set up to a nice play. Chart does not indicate a good play as of now.
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