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Penny Stocks to Watch for June 2018

Alan Farley

Positive seasonality for small caps and penny stocks has ended. Legacy Reserves LP ( LGCY) soared nearly 84% in the first two weeks of the month, posting a 3-year high, while solar manufacturer Enphase Energy, Inc. ( ENPH) broke out of a 2-month basing pattern and gained 40%. Enphase Energy, Inc. ( ENPH) posted an-all time high at $17.97 in September 2014 and broke down in May 2015, entering a brutal decline that ended at an all-time low at 65-cents in the second quarter of 2017.