Hot Stocks To Watch For Thursday the 28th of May
If you’d like to receieve InvestorsLive post via email you can sign up HERE.
BCON not normally one that normally can hold gains for more than a day or two but this time Beacon Power Corp has taken out quite a bit of resistance. It’s stopped right at $2.00, slightly over it after hours but needs to consolidate around this level to support a move much higher. I would use $2.00 as a psychologically support/resistance level - I’d expect a gap out of the open probably test $2.20 before coming back to test the $2.00 mark.
GROW this had a huge run in the past, if it can hold these gains off bottom and consolidate around the $14-$14.50 level this can begin moving towards the $16-18 level and really start a bottom reversal
HIMX nice breakout from consolidation - watching for the test of $6.00 where we could see a nice squeeze.
MGPI - slowly coming out of some consolidation between $7 and $8 over the past month or two, broke through $8 today, watching for it to hold this $8 level to support a move back towards highs
PDXC - and OTCBB nothing too special but has room to move if it decides to continue
NAVR cheap stock at resistance levels, if it can break through towards $2 this could see a multi day move on the reversal



