Tag Archives: Penny stocks to watch in April

Penny Stocks to watch April

Penny Stocks to watch April

This is our watchlist update for 04/10/2018


BKPPF-Block One Capital

It was a huge day for BKPPF. If you look at the price action it might not seem like much but BKPPF bounced hard off of support with major volume! Ended up going from red to green today. It also appears Market Maker OTCX is short. They were desperately trying to cover their short today and any news could end up setting up a major short squeeze! We are watching for the price to break past .60 for a major break out. Keep a close eye on this company to see if they release any news or updates. Keep in mind they did mention an ICO investment strategy in their Press Release on March 27th found here https://www.blockonecap.com/block-one-capital-inc-intial-coin-offering-ico-investment-strategy-addition-of-crypto-hedge-strategist/ any ICO news would be huge.

LXGTF-Lexington Biosciences Inc.

This stock has been trading steadily between .30-.40 range. If they release any FDA news this is a company that would have a very nice breakout. LXGTF’s HeartSentry Monitoring systems seems very promising. They have put together a corporate presentation here https://lexingtonbiosciences.com/wp-content/uploads/2018/02/Lexington-Roadshow-Presentation-2.19.18.pdf

MMMW- Mass Megawatts Windpower Inc.

This extremely low float stock is building a base and picking up a lot of momentum. Currently, the price is under .02 but the CEO believes the price will go up to .25 a share. It is starting to have steady volume. MMMW is a company that owns patents in billion dollar industries. They have put together a nice presentation of one of their new technologies here at http://www.massmegawatts.com/wordpress/wp-content/uploads/Solar-Power-Presentation.pdf this stock only has 67 million Authorized Shares which is very low for a company in this industry. If word starts getting out and the company gets some major contracts this is a stock that can skyrocket.

HMLA- Homeland Resources

We sold out of HMLA for a loss our stop-loss was triggered.  You can’t win every trade. Right now MMMW is looking a lot more promising.

FUSZ-NFUSZ Inc.

This is a popular stock that is now at the tail end of a market awareness campaign. It closed at its highest day ever today $1.92 this is a stock that was at .0531 in November. This is a stock that may start attracting shorts sellers. If $1.80 doesn’t hold it may be a good time to take a short position on the stock because it could be heading down fast.
Discloser: The Author of this article currently holds a position in  MMMW, and LXGTF. Everything written here is just an opinion for entertainment purposes only and is not financial advice.  Opinions don’t necessarily reflect the opinions of Awesomepennystocks.com.  Penny Stocks are risky, Please do your own research. Please read our full disclaimer here

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Penny Stock Watchlist update for March 26th

Here is our Penny Stocks watchlist update for March 26th, 2018

These are our top 5 penny stocks to watch in order.

 

  1. BKPPF– Block Capital One Inc.

    BKPPF chart is setting up just according to plan. On our BKPPF page we discussed how we believe a cup and handle pattern is starting to develop.



As you can see by the chart above BKPPF stock is currently looking like a possible trend reversal. It is putting in higher lows. If we see a breakout of the top of the uptrend(marked by the black line) BKPPF could head North very fast.  If a cup and handle chart pattern gets confirmed it wouldn’t surprise us to see a new 52 week high above $1.16 a share.  We are continuing to watch a reversal to be confirmed. When it does things could get exciting very quickly. An official announcement of their ICO launching could be the news needed to start a breakout.

2. LXGTF– Lexington Biosciences Inc.

We have been watching this stock awhile as a long-term 6 month Swing trade. Right now it is about to enter in that 6-month territory. We want to see it break resistance at .42 the levels of support we are watching are .32 and .34. We are waiting patiently to see if any FDA approval news comes.

3. MJNE– Mj holdings Inc.

This is a low float marijuana stock that we have on our radar. It has been trading sideways for a couple months. We are watching a close above $2 a share.

4.MMMW– Mass Megawatts Windpower Inc.

This is a very low float sub-penny stock. It only has 67 million authorized shares. It has a market cap of only around 500k. They have technology that they claim can produce electricity at 25% cheaper than other renewable power equipment. With a future of smart cars and blockchain technology taking up huge amounts of bandwidth and electricity if MMMW can live up to their claims they could be worth billions. Hypothetically speaking if the company ended up being worth 1 billion dollars down the road and you bought $1,000 worth of shares at .01 that $1,000 would end up being worth 1.5 million dollars. Now again they are still a penny stock so they will have to back up their claims. It will be interesting to watch. This is a High-risk High reward type play.

5. HMLA– Homeland Resources LTD.

This is a stock that may end up turning into a cult stock. This is a ticker that was dead since 2014 but filed and was accepted for reinstatement on 7/31/2017 with the Nevada Security of the State. It is believed they are making the transition to a marijuana company and may do a reverse merger. It has 250 million authorized shares. There has been a group on Social media pumping it. The group pumped a similar stock last year ELED from .0008 to .05. If this stock becomes a stock with a similar cult following it could move up very quickly because of its low float. This is a High-risk High reward type play.

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