Get started

Pennystocks

Gulf Marine Services - penny Rocket 🚀 or penny Plummet 📉At glance you might think GMS price chart suggest their in big trouble but is there light at the end of the tunnel? Last year GMS revenue fell by 12% and their actual loss for the year totalled $85.5 million, 2019 was evidently a difficult year for them however chairman Tim Summers stated that "agreement has been reached with lenders on the key terms of restructuring our bank debt which will give GMS renewed access to liquidity and a firm financial platform to move the business forward through 2020 and beyond” Last month GMS was awarded a six month renewable energy contract to provided support as an unnamed UK offshore renewable operator. And with Summers stating that " the company's financial performance to the end of March 2020 is slightly better than its 2020 business plan." buyers can start to have a bit more confidence. At the end of last month Seafox applied for a takeover deal of GMS but was rejected with GMS claiming 'it has strengthened its board and secured new business' however I wouldn't write-off a future takeover. Past price action has also shown a definite correlation between the companies stock price and the value of a barrel of oil. With that being said oil prices are currently on the up 📈 and as a result I expect CMS's share price to do the same. Scenario 1 : The price could fall back to support after recently gaining 745% (29/04 - 04/06) and then bounce upwards from around the 6.85 level. Scenario 2 : The price could just continue to rise in the same expectation that oil prices will Scenario 3 : Buyer confidence could be reduced with worrying loss figures coupled with takeover doubts and the price could just continue the long term trend of further depreciation. This is purely an idea please ensure you conduct your own analysis and ensure risk management is in place before conducting any market execution.
LSE:GMS
by Market-Magician
97% Gain Still Active! (GPRO)Gopro Trade Update: 💰💰💰💰As you know I have had my eyes set on that $5 target for Resistance on the channel and we are now very close!!!! I have continued to hold onto this one as it is my last penny stock position still open from the lows of $2.46. 💲💲💲🥇A 2+ month swing trade! Passive income is the best income! The 12 hr is showing some sideways compression chop for me, I'm zoning in on the next move as we approach the Resistance target. Let's see if I can get the cool %100 pull on this massive winner! ✌🤑✌
NASDAQ:GPRO
by UnknownUnicorn2319099
5
BIOC Trying To Fill Gap But Can It This Time?Looks like Biocept BIOC is making another technical move on more information from the company's website about its COVID testing. Apparently people on social are talking about updates that the company is doing COVID testing now. Company site specifically stating: "To support public health efforts, Biocept is performing COVID-19 testing. If you’re in need of testing, please consult with your doctor or authorized healthcare provider as Biocept will need them to order and collect the specimen for COVID-19 testing, per FDA guidance." It's interesting that this is being pointed out. I looked at WayBackMachine and see some updates but nothing that drastic. Either way, it seems like it was enough to get the juices flowing for some people on twitter. Guess we'll see what happens next. Chart has been riding the same support and testing the upper end of that previous gap. Who's placing bets on the over (going up) or the under (coming back down)?
B
by PennyStocks101
XSPA,Broke resistance , AlphaOverBeta Price AlertHello traders, XpresSpa Group, Inc., a health and wellness services company, provides spa services and related products at airports. The company offers massage services for the neck, back, feet, and whole body; nail care, including pedicures, manicures, and polish changes; travel products, such as neck pillows, blankets, and massage tools; and cryotherapy services, compression services, and personal care services, as well as retail products. As of April 6, 2020, it provided its services through 51 locations in 25 airports worldwide. The company was formerly known as FORM Holdings Corp. and changed its name to XpresSpa Group, Inc. in January 2018. XpresSpa Group, Inc. is headquartered in New York, New York. Sector: Consumer Cyclical Industry: Personal Services Market Cap(M$): 97 52 Week High: 5.45$ 52 Week Low: 0.05$ Forward PE: -3.48 Technical Analysis: Analyzing the stock from a technical perspective, we have these conclusions: The stock belongs to a weak sector which is related to tourism and flights but as the economies of the world are reopening, the stock may stage a bounce up, The latest earnings report was good (missing the current coronavirus related quarter), and technically it broke resistance with high volume, We open a long position at the current market price with a stop loss of 12% down, Trade Smartly, Alon, AlphaOverBeta
XLong
by Alon_AOB
8
113% Gain. Closed. (NGD)Trade update: NGD I have officially closed my 2 month swing trade on new gold inc for a 113% gain! 😁🥇 Why did I close and take profit? The daily is showing sell off pressure as the candle forms the red doji crossover. All 3 bottom ema dot indicators are going red. Will take till end of market for all indicators to close what they show, went ahead and cleared the table and collected! 💰 Only one more pennystock left in my portfolio which is gopro. 🥇MLT | PRO TRADERS
AMEX:NGD
by UnknownUnicorn2319099
Approaching My Deadline. 93% Gain! (GPRO)Hey everyone I hope you're all doing well and ready to win big this week!!! 😁🥇 We have closed a lot of our positions that we took back in early April. We've had a lot of magnificent runs for serious profits on a good amount of pennystocks. My current pennystock positions that I have left is GoPro and New Gold Inc. I am about to begin a new series of buys and hunt out some new pennystock positions to buy as we close put these positions to rotate our capital. Gopro has been running very well and strong with a lot of green. We are getting closer to that $5 channel Resistance and I'm considering taking my 90%+ in gains on gpro. We will look for the next break low in smaller timeframes support for an exit of our position as we track it this week. If this channel holds than we could see a strong retracement. I will update on this post for the exit and take profit zone. Best of luck to you all, have an awesome week!!! 🥇MLT | FULL TIME TRADERS
NASDAQ:GPRO
by UnknownUnicorn2319099
Hertz (HTZ) - Could move big time All, Hertz needs to break a full candle above $1.09. I said this with AMC.. what are the odds people/companies/large investment banks let these companies go under that literally everyone knows? I say it won't happen and the backing of recent news suggests the same. You absolutely have to have a market stop loss under $.90 if you get in now. Worst case they get bought out (good thing) Entry $1.06 or $1.09 MARKET stop loss $.90 2nd Option is to wait for a possible double bottom near .34.... but I doubt that will happen. This is all due to the virus, not the actual company don't forget that.
HLong
by DigitalData
11
New ASX SmallCap with 30%+ Profit PotentialHunting for a LONG on ATOMO ASX:AT1 I've been watching AT1 for a while since it came on the market and it didn't look attractive because it was so new and volatile. However, I've since noticed that it's attempting to cross the downtrend line and also break up through resistance. I must stress - important to wait to clear these levels before engaging. Yes, you pay more, but its a safer trade. I'm not waiting for AT1 to clear and close above $0.36 before entering for a long. TRADE SPECIFICS: ENTRY - $0.37 TAKE PROFIT 1 - $0.475 - 30% PROFIT TAKE PROFIT 2 - $0.52 - 42% PROFIT STOP LOSS - $0.31 RISK : REWARD - 1 : 2 This is the 1HR chart I'm looking at, so assumptions are based here, however this is OK for me as I have reviewed the 4HR already and came to the same conclusions. Safe players might apply the same engagement above but wait for a close above $0.36 on the 4HR rather. If you like my ideas, please LIKE and FOLLOW me! :-) Reminder - this is not financial advice, simply an idea. Please do your own research before entering any trades and ensure you use risk management such as stop losses. Remember, there is only 5 outcomes when you enter a trade: 1. Break Even 2. Small Win 3. Small Loss 4. Big Win 5. Big Loss Eliminate #5 from your future options. Happy Hunting!
ASX:AT1Long
by glennleese
2
350%+ in gains!!!! Its just getting started lol (KICK)Well well well..... this ones upside potential is U N R E A L We are talking about kickbtc, an altcoin that really hit rock bottom! We looked for the big entry at 0.0000000006 satoshis Currently we sit at 0.0000000028 satoshis This coin does have high circulation but you could grab a big amount of supply for little investment. Crypto is where dreams come true if you play the major cycles correctly! All time high on coinmarketcap reports 89 cents all time high per token! All time low 0.000004 usd! These numbers are unreal if we go full blown bull run! This is one that I think could change someone's life forever! This last week this one has been building steam with consistent buy pressure. Come on baby! Show me what you're made of! Risk it for the biscuit 🤣🤣🤣🤣 It has been crushed so hard that my candles don't even exist anymore hahahaha. But the ema dots indicator is helping show me what's going on. 🥇MLT | PRO TRADERS Best of luck! ✌😁❤ Kick Ecosystem describes itself as a set of FinTech tools that form a “one-stop-shop” for every user from all over the world. These tools aim to cover all financial needs. KickToken acts as a central currency, which resides on the Ethereum platform. The ecosystem comprises an exchange (KickEX), a referral program KickRef (ref.kickex), a white label token sale solution (KickDesk), STO listing and trading, a unified login system (KickID), a multicurrency wallet (KickWallet), a crypto payment gateway (KickPay), ad network integration (KickCPA), a mobile app (KickMobile), a messaging service (KickMessenger), a crypto markets research institute KickAcademy (academy.kickex) and exchange-pricing solutions (AIO and IEO).
KLong
by UnknownUnicorn2319099
14
94% Gain! Update On GoPro (GPRO)We continue to ride the gopro money train as we continue to get green across the board with healthy big green candle impulses. We are starting to head into that main $5 downward major Resistance channel. I am starting to get ready to look for a potential sell. We will start to scale into the smaller timeframes to see how it reacts to this Resistance. If it does breakout than this could show a brand new direction for gopro and could represent a new multi year cycle for the bulls. Stay alert, let's get this money! 💰💰💰💰 🥇MLT | TRADE WITH THE PROS
NASDAQ:GPRO
by UnknownUnicorn2319099
11
QLGN - RTTR Merger - Soon to Bounce +30-85% Once it DoesAll, I think we are coming to a double bottom soon. The weekly on QLGN it's obvious there was a massive double top + merger made it sail down. The Question here is where does it end? It is essentially down over 45%. It is going to hit that trend line coming down and most likely fail if you want to swing that. Overall it will recover just a matter of how long. ** DISCLAIMER: If one of there pipeline news comes out thats positive this went down so fast that it will skyrocket on news. So pay attention** Levels I would look at at buy ins Possible bounce now. $5.80 $5.30 Alerts at buy in levels ALSO alerts above current level like 5-10% starting now. that way you get alerted if it does start to take off. Remeber to use volume and make sure it's actually breaking out or has news. Not just some pump on a lower timeframe. Wait for a daily candle. QLGN - RTTR Merger - Soon to Bounce
NASDAQ:QLGN
by DigitalData
New gold Inc, 118% (NGD)Update from last post on this one, we added on april 2nd as we found support on the downward channel for a knife catch. Sort of the same approach that I took to capture my current 75% gains on gopro stock. This trade is still active. 3day has fired green strong non stop since then. Easy money to be made with our system! 💰💰💰💰 We find the best penny stocks! 🔥🔥🔥🔥🔥 Check the related ideas. Easy call. We will show you how we find these exact same calls with our penny stock method in our course! 🥇MLT | TRADE LIKE A PRO
AMEX:NGD
by UnknownUnicorn2319099
9
Closed Zion Oil & Gas Today! 43% Gain! (ZN)This penny stock we've had april 1st and looking at a juicy 43% Gain!!!! 🥳🥳🥳🥳 Now we have called over 500% in gains this year with cryptocurrency and stocks in just the last couple of months! I can't make this stuff up! It is all time stamped on my feed. 💰 So why did we take profit on this one today? I took a more aggressive approach as the 3day is starting to compress on my candles and the top 2 ema dots indicator is firing red. I know some of you on my page were liking the setup when I called it. Congratulations of you ran with it. 🥳 Jump the gun a little bit but shoot, I'll take those gains and secure the bag! 💰💰💰💰💰💰💰 Its literally as easy as that with our system! Line them up and ride thr green and cut the red! 🥇MLT | TRADE LIKE A PRO!!!!!!!!
Z
by UnknownUnicorn2319099
INVVY Is Sketchy Ayy EffMy guess is this was a pretty clear market momentum fueled move for INVVY and left a lot of bag holders in its wake. While things can always turn around, there are a lot of headwinds to consider. Some of which include the DOJ issues. "...it faces a $3 billion fine under criminal charges pressed by the United States for illegally marketing Suboxone...It increased litigation and antitrust provisions to $621 million from $438 million previously. Given the fact that this is ongoing, it’s hard to say with any certainty that the company can overcome such a situation. Do you think there’s hope for Indivior or is this the end of the line?" Read More From This Source: Penny Stock Indivior PLC Climbed 1,150% In 4 Days; How?
I
by PennyStocks101
1