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Daily Technical Penny Stocks to Watch

Featured on December 16,2014
 Penny Stock of the day 30 day Average Return: +9.34% 

2 days Until Next Free Penny Stock of The Day

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Espial Group Inc.
Toronto Stock Exchange: ESP:CA

Commentary

The stock price direction for the day for ESP:CA is UP. This stock is currently not trending in any direction or the stock may be fluctuating over the last 5 to 7 days, but after all the fluctuations, finds itself in roughly the same price point as it did when BullishInvestor.com started analyzing it 7 days earlier. As a result, the trend for this stock is too weak to properly analyze at this time. That being said, short spurts of share price increases or decreases can still occur even though a trend has not been properly analyzed which is why watching the BullishInvestor.com daily ratings may be able to pinpoint quick entry and exit levels in this stock. Based on BullishInvestor.com’s proprietary algorithms, ESP:CA is currently signalling BULLISH.

The most recent Candle Stick pattern for ESP:CA is the Counterattack. Overall the technical indicators are signaling a bullish reading for ESP:CA. As such, it may be a wise decision to consider ESP:CA at these price levels. The last BEARISH rating was registered on Dec 08, 2014 when ESP:CA was trading at $ 1.50.

This stock now finds itself with a new BULLISH rating and is worthy of a new look from a technical analysis perspective.

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Data as of: Dec 15,2014
Feature Date December 16,2014 BullishInvestor Rating BULLISH
Symbol ESP:CA Exchange TSX
Price 1.52 Change +$0.05/+3.40%
Previous Close 1.47000005 Day Range 1.46-1.52
Volume 121200 Accuracy (Pro Members Only)

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