3 penny stocks on my radar

live at 3pm ET

*together with Option Pit

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Afternoon traders,

Markets are soft here as we head into the FOMC meeting tomorrow but penny stocks are holding their own. 

Here are 3 stocks I have my eyes on going into the second half of the day.

  1. CISO is showing a nice breakout above the 50 SMA today at $.65 with range to the 200 SMA at $.90 and if broken it has a previous high at $1.38. I like this idea as long as we hold above $.65

  1. AQB is in a classic “consolidation into breakout pattern with range to $.93 which is the 200 SMA on the daily chart. I like this idea as long as we stay above the 20 and 50 SMA around $.65.

  1. PONY is a wild card but this “horse” is running today. Range is mid $14s then possible $23 high from early February. Could be a huge swing up or down here but I like the movement today and the news.

I’ll be talking all about these and more in the Market Masters chat room at 3pm so join me if you can!

See you soon!

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