Penny stock list for May 21, 2013.
Penny Stocks – ATRNQ CERP DIMI MYEC
Attention to these penny stocks:
ATRNQ – It’s trading sideways, hold.
CERP – The candle is a High Wave, it means indecision, and, when made near a top, usually the next very day, a pull back is possible, but, today all is possible, some indicators have still room to run, others are overbought, too difficult to predict today’s behavior, the market will tell, however, the run to .175 is not in question, hold.
DIMI – Damn POS, looks like it will fall a little further, the lack of volume turns candles like this possible, due to a high spread, hold.
MYEC – This one was recommended to the Gold members at .0021, if you see the chart I posted on the forum, it may still run to .03 – .035, so still much money to be made here, buy and hold.
$INDU – It is great to short, the ADX line is too high, the +DI already crossed down it, the RSI is above 70, so overbought, the weekly chart is also overbought, this will explode to the down side soon.
DOW JONES daily chart: http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p17442061017
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