As requested, here are some more of the Pincher Plays I am currently watching. I haven’t done any research on most of them, so please exercise due diligence.

• AAAE
• ACEL
• ATSG
• FVRL
• HTOG
• NEXC
• UPDV

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ACEL is the stock to watch on tuesday.  It had a breakout day and more risker traders should have bought in today.  The RSI(5) is right at 30 and the (14) jumped up to 22 and will likely cross 30 tomorrow.  This stock has great volume and when it runs, it should run big.  The 20ma is at $1.46, which is the next resistance point.  If the volume keeps up we should see something clost to that.

Still watching AAAE, FVRL, and NEXC.

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AAAE–chart looks great(RSI(2)(5) and (14) are all above 30), but there is no volume.  Without volume we won’t see any significant movment.  Watch on monday/tuesday for increased volume.

ACEL–Pinching really nicely, this stock has the volume, we are just waiting for the RSI’s to cross 30.

FVRL–Pinching really nicely, this stock definately has the volume, again, just waiting for the RSI’s to cross 30 to confirm buy in.

NEXC–Still pinching, has the volume but the RSI(2) fell below 30.  Keep watching.

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Well, you can see on Wednesday that I presented GRDB. I felt pretty strongly that this guy was going to have good bounce. Boy was I right! Closed up 154% today. Sheesh!

Now, the lesson learned on this stock. “When you feel good about a stock, buy it.” I felt good about this stock and went to place my order on Wednesday, and Stottrade had it ‘red listed’ (or whatever they call it), which means you have to call in to a broker to buy it. I was busy at the time so didn’t place my order. Well it certainly bit me in the butt. I finally got in this morning, but after the bounce, at .23. A paper gain of 21%. Still wish I could have cashed in on the 150% gain though.

Regardless, I still feel this guy has a lot to give, will most likely see a large green day on Friday as well.

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This one should have a nice bounce. And it may be one to look at for a longer term. Dropped nearly 70% today on news that it’s newest drug will be delayed. They have other income producing drugs and the drug in question has a market in Europe.

I will look to get into this one in the next day or so after confirmation of a bottom. Check the forum link below for news and charts on the stock.

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 GRDB looks like it may be a good bounce play.  It has dropped from around $4 on the 21st of May to it’s current of around .12.  I have yeet to figure out why.  I cannot find any bad news on the company.  I am actually only finding good news.  I will keep an eye on it and keep you posted.

UPDATE: It all looks good. Will try to get in around .12. Should get a very good bounce

Keep watching NEXC, as soon as the RSI(5) and (14) cross 30, I will be buying a position.

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 NEXC appears to be the next pincher that I am going to play.  Analysis looks good and I believe the RSI(5) will cross over on Monday.  I plan on taking a position on this sometime Monday or Tuesday.   Click the link below to go to the forum and see the charts and chime in.

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