HSCO - a triple threat for higher prices is brewing - just look at HSCO chart!
- Higher abnormal volumes shows large accumulation
- MACD indicator crossing and moving up
- Short term price resistance broken
This triple threat is all pointing to one thing - higher prices next week. Get in early on Monday on this one to ride the chart higher. Once we pass the $1.40 resistance level we are off to the races.
We continue to monitor the wires for more partnership news like the one released by HSCO announcing that they are working with Enterprise Car Rental.
http://ca.us.biz.yahoo.com/
HSCO has the right product at the right time!
Bryn Resources amazed us yesterday showing how fast a stock can move jumping 80% in the last hour of trading. Looks like all the selling has dried up and buying momentum has kicked in.
Bryn Resources now has a new website and a new look - they have been quietly working in the background and their press release last night shows us a glimpse of what's to come and we are excited.
Check out their new website at http://www.brynresources.com
After the close BRYN released an update on their activities and they have certainly been busy.
http://www.stockwatch.com/
BRYN has their priorities in line and their shareholders best interest - they continue to look for partnerships that can add value and they see it in Quebec and Nova Scotia.
What is also promising is BRYN's finalization of the agreement to earn 60% of the Montauban Property.
If we look at prior press releases, the Montauban Property holds almost 40,000 ounces of Gold mineralization, that's about a $45M value at today's gold prices. That will bring in a significant amount of cash flow to develop the property further and acquire new properties.
BRYN also alluded to a significant property in Nova Scotia and we believe we will hear more details from the company soon.
HSCO and BRYN are the two different plays to get in early next week and Profit!
As always make sure you do your due diligence on alerts, tweets and stock picks.
