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Nice 10% gain for LGDI today, and I have a NEW TRADE IDEA tomorrow

11/18/2009 2:29 PM
Penny Stocks by: Investor Soup

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Nice 10% gain for LGDI today, and I have a NEW TRADE IDEA tomorrowLGDI was a real "legend" today.

It traded with strong volume today with a High of the Day (HOD) at 90 cents. It appears to be continuing the breakout trend that I had mentioned in my writeup.

If you took a peak at the LGDI chart again, you will notice that the MACD has definitely made the "cross" and appears headed to bullish territory. The other indicators are positive and I think that it will continue to progress in the near term. As always, make sure you put a trailing stop on a stock that is on an uptrend. Protect your profits.

LGDI may dip in the near term, but I strongly believe that it has a excellent possibility of surpassing its recent high of $1.11.

Bonus Baby! SNRY did well as a little "bonus" for my members. It traded with great volume and good price movement (advancing 16% at its height) AND closing at the HIGH of the day.

SNRY`s released some strong news today Did you see it SNRY announced that agreement has been reached with a Municipal financial services company located in the Western U.S. for a Financing and Joint Marketing Agreement. This agreement has the potential to bring significant revenues to the company, as follows:

"The agreement states that the financial services institution will exclusively market SNRY solar solutions to over 100,000 municipalities. Additionally, the financial institution will have the ability to provide project based financing for any contract that it brings to SNRY." Read the full release here: SNRY NEWS Be on the alert if SNRY`s 16% gain and strong "up" volume turns into an extended rally. Watch tomorrow to see if it can break above the 35 cent resistance level. It tried several times today only to fall back slightly. Keep a tight stop on it, but let`s "give it its head" and see where it goes.

**** Tomorrow`s NEW Trade Alert ****

Tomorrow`s alert is "blowing in the wind". Sorry, bad pun It is an alternative energy play that is building a world-class portfolio of wind generation projects. What they have accomplished will surprise and impress you, I am sure.

I have been talking to a lot of people out there who confirm my belief that this is going to be a great stock for you to watch over the next few days before Thanksgiving. I am excited that I get to show it to you tomorrow before the price gets away from us.

Expect an email from me around 9:30 a.m. EST. And, thank you for making my Twitter site a "habit". I continue to see new signups every day and the feedback I am getting is universally positive. Remember that if I release the pick early on Twitter, that time is to be spent in DD. Please NEVER blindly enter a pre-market order. The only person you are making money for is the Market Maker.

Good luck and good trading ______________________________________________________________________ If you no longer wish to receive these emails, please reply to this message with "
 
 
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