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(EMAILWIRE.COM, February 12, 2010 ) Boca Raton, FL - TheStockWizards.net newsletter presents stocks that have impact news and positive technical charting indicators on the OTC BB: and Pink Sheets markets. In addition to our newsletters, TheStockWizards.net is quickly becoming the fastest growing network destination for Penny Stocks and Micro-Cap Traders for winning stock picks and for Trader Education on how to properly play penny stocks.
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Pepper Rock Resources Corp. (OTCBB: PEPR)
Pepper Rock Resources, Inc: PEPR is an emerging oil and gas company active in the Permian Basin of West Texas. For more information, please visit www.pepperrockresourcescorp.com
Technical outlook: PEPR closed right near its November 18 high of .39. , we can see a continued move in the stock on a weekly close of .39. The company had record trading volume of 21 million shares.
Power3 Medical Products, Inc. (OTC: PWRM)
Power3 Medical Products is a leader in bio-medical research and the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3's patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets, and its diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 operates a state-of-the-art CLIA certified laboratory in The Woodlands (Houston), Texas and continues to evolve and enhance its IP portfolio, employing sensitive and specific combinations of biomarkers it has discovered from a broad range of diseases as the basis of highly selective blood-based tests for ALS, Alzheimer's, and Parkinson's diseases, breast cancer, and drug resistance.
Technical outlook: PWRM came down to its major support level of .068 which was its 200 day moving average on the daily chart. The stock was in a much oversold condition and it bounced right off the moving average with nice volume. Major support will be the 200 day moving average and resistance seems to be in the .10-.11 range short term.
XenaCare Holdings, Inc. (OTCBB: XCHO)
XenaCare Holdings, Inc. engages in the formulation, marketing, and distribution of nutrition supplement products primarily in the United States. In addition to Cobroxin, for the treatment of moderate to severe (Stage 2) chronic pain, the Company's clinical products include XenaCor, which supports the lowering of serum cholesterol, C-reactive protein, and homocysteine levels to support cardiovascular health; XenaTri for lowering triglycerides and raising HDL to support cardiovascular health; and XenaZyme Plus that increases the body's oxygen carrying capacities designed to support digestion. In addition, the company offers formulations for the lifestyle performance market, which consists of a sports line for athletes, including SunPill that is formulated to protect the skin when exposed to damaging ultraviolet rays. XenaCare markets its products through the Internet as well as pharmacies. The company was founded in 2001 and is based in Delray Beach, Florida.
Technical outlook: XCHO one of the nicest charts traders and investors will see on the OTCBB at this point in time with a very strong trend intact. The stock has had a very nice trend for the last three weeks, indicators are very overbought at this time, and we see possible short-term resistance at .50 for now. A consolidation or resting period is overdue for the stock which would be healthy in the long term.
Location Based Technologies, Inc. (OTCBB: LBAS)
A publicly traded company (OTCBB:LBAS), Location Based Technologies designs and develops customized solutions along with its leading-edge personal locator devices and services that incorporate patented, proprietary technologies designed to enhance and enrich the way businesses and families interact globally. For more information, visit http://www.pocketfinder.com.
Technical outlook: LBAS is trading heavy volume this morning (380,000) up 21% in midmorning trading. The stock is challenging its 50 day moving average as we speak at .51. This will be the major resistance level for the day. Traders and investors will be watching this level waiting to see if it will break through the 50 day moving average in the coming days.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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Dana Salvo
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