Free Stock Tips

Hi Everybody,

Our alert for Tuesday traded HUGE volume today which may be a sign of things to come. In addition things look interesting from the technical side as well.

Let’s get to it.

Our alert for Tuesday is Bitzio, Inc., BTZO.

The stock closed Monday at 24 cents.

BTZO develops mobile media and apps around pre existing communities that already have millions of fans.

This strategy is very effective because loyal fans download apps 38% of the time vs 12% marketing to new customers. In addition, loyal fans share their apps 45% of the time which really drives growth.

BTZO taps into certain bases such as NFL fans, with their Football Trivia app, they partnered with the NFL Players Association to develop.

BTZO has several other cool apps such as a panoramic picture taking app, and their “Dash of Color” app, which allows users to add a dash of color to black and white shots.

OK now to the fun stuff, the technicals !!

Trendspotter  BUY
7 Day Average Directional Indicator  BUY
20 Day Moving Average VS Price  BUY
20-50 Day MACD Oscillator  BUY
50 Day Moving Average vs Price  BUY
20-100 MACD Oscillator  BUY
50 Day Parabolic Time/Price  BUY
60 Day Commodity Channel  BUY
100 Day Moving Average vs Price  BUY

BTZO is in a falling wedge which is a bullish sign that develops as prices fall but the range narrows. The breakout of a falling wedge is often the beginning of a long term directional change in a stock.

With Social Media and Social Apps becoming a staple on Wall Street, the exposure BTZO is starting to receive, and the technical outlook all lining up, BTZO belongs on your watchlist for sure.

As always, do your own research, don’t chase gaps, use limit orders to enter positions, always use stop loss orders to protect your position, and take profits when you are in a position to do so.

Good Trading