21 Nov

Hot Stocks Under $1 Rising Against The Grain For Monday November 21, 2011

by

The number one issue traders have is entry and exit. By putting together a simple plan that focuses on good risk to reward you can increase your chances of successful swing trades considerably. Successful entry and exit are what separates the 10% that win trading stocks from the 90% that lose. My alert service uses Skype, text message and email to detail swing trades in real-time making it easy for people to follow my buy and sell strategy.

The following small caps had 300 trades or more on Friday November 18th, 2011 and managed to make gains in a choppy market. I’ve detailed precise trading ranges to consider with one major theme consistent on all charts and that’s tight stop losses with considerably better upside potential before major resistance. As mentioned above, good risk to reward is what I constantly preach and look for before I ever alert a real trade to my subscribers. The market caps on these stocks ranges from $15 million to $640 million.

In this post I’ve only looked at the technical analysis. Additional considerations should include solid fundamental analysis before making any trade – something I do before any real trade I send to my subscribers. Items such as recent news, upcoming earnings dates, short interest and overall market conditions are a good place to start. Keep in mind, if it’s under $1 it’s certain to have quite a few problems so over staying your welcome is often a recipe for losses.

Poniard Pharmaceuticals (NASDAQ:PARD) focuses on the development and commercialization of cancer therapeutics.

FiberTower (NASDAQ:FTWR) provides facilities-based backhaul services to wireless carriers in the United States.

Seven Arts Entertainment (NASDAQ:SAPX) operates as an independent motion picture production and distribution company.

Shengkai Innovations (NASDAQ:VALV) engages in designing, manufacturing, and distributing ceramic valves and components for industrial use in the People’s Republic of China.

Valence Technology (NASDAQ:VLNC) develops, manufactures, and sells energy systems utilizing its proprietary phosphate-based lithium-ion technology in the United States, Asia, and internationally.

Joe’s Jeans (NASDAQ:JOEZ) engages in the design, development, and marketing of apparel products worldwide.

Uranium Resources (NASDAQ:URRE) engages in the acquisition, exploration, development, and mining of uranium properties, using the in situ recovery or solution mining process.

CAMAC Energy (AMEX:CAK) engages in the exploration and production of oil and gas.

AgFeed Industries (NASDAQ:FEED) engages in animal nutrition and commercial hog producing businesses in the People’s Republic of China.

Dex One (NYSE:DEXO) operates as a marketing solutions company.

Flagstar Bancorp (NYSE:FBC) operates as the holding company for Flagstar Bank, FSB that offers consumer and commercial financial products and services to individuals, and small and middle market businesses in Michigan, Indiana, and Georgia.

Disclosure: I am long SAPX

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