5 Low Priced Gems
TM Editors' Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; please do your own careful due diligence.
Recently I added some new positions to the Barchart Van Meerten Speculative portfolio. The portfolio contains stocks trading below $10 per share that have hit the most frequent new highs in the last month.
The new additions include: Lakes Entertainment (NASDAQ:LACO), Polymet Mining (NYSEMKT:PLM), NovaCopper (NYSEMKT:NCQ), Adecagro (NYSE:AGRO) and Dice Holdings (NYSE:DHX)
Lakes Entertainment (LACO)
Barchart technical indicators:
- 80% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 3.34% in the last month
- Relative Strength Index 72.39%
- Barchart computes a technical support level at 8.42
- Recently traded at 8.64 with a 50 day moving average of 7.86
Polymet Mining (PLM)
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 16 new highs and up 25.23% in the last month
- Relative Strength Index 84.88%
- Barchart computes a technical support level at 1.11
- Recently traded at 1.33 with a 50 day moving average of 1.10
NovaCopper (NCQ)
Barchart technical indicators:
- 80% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 2500% in the last month
- Relative Strength Index 65.50%
- Barchart computes a technical support level at .68
- Recently traded at .70 with a 50 day moving average of .58
Adecagro (AGRO)
Barchart technical indicators:
- 80% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 13 new highs and up 21.79% in the last month
- Relative Strength Index 73.62%
- Barchart computes a technical support level at 9.49
- Recently traded at 9.75 with a 50 day moving average of 8.32
Dice Holdings (DHX)
Barchart technical indicators:
- 24% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20 and 50 day moving averages
- 12 new highs and up 8.06% in the last month
- Relative Strength Index 64.75%
- Barchart computes a technical support level at 8.93
- Recently traded at 9.24 with a 50 day moving average of 9.12
Disclosure: None.