Penny stock list for January 30, 2008.
Penny Stocks – ABK ACTC ADVNB APPY C CHTR CNB CTIC FED FIG FITB GNTA IRE MCET RBS SAY SOLM SPSN SSCC STEM STSA TSFG UYG
Stocks – ABK AMD AMR CDE CPSL CPST ESLR ETFC F FMNTQ FRPT IDEV IVAN NCC ROYL SIRI SONS
Attention to these penny stocks:
ABK – Touched the PAR SAR and pulled back to 1.24, below the MA50, however, this was due to the very red day, the DOW lost 2.7%, I gave it a buy yesterday, it’s an hold.
ADVNB – This turned in to a bull trap, it is a pincher and should rebound soon, hold.
APPY – It’s trading sideways, it’s an hold.
C – It’s a sell, it will fall a little further or trade sideways.
CHTR – I gave it a speculative buy, made a white candle with volume, just hold.
CNB – Just to watch, too risky to buy now, I think that it will fall further.
CTIC – Looks like it will find a support today, good buy price between .08 and .07.
FED – Just to watch, it will fall further, in my opinion.
FITB – Despite the red candle yesterday, it’s an hold, it will recover today.
GNTA – It confirmed my analyze from yesterday, that is why the volume is my main indicator, however I am still holding because it fell too fast from .010 and I preferred to hold instead of sell at .009, it closed near the LOD, the short term trend line was not broken, but, I am very sceptic about a possible recover from here, possibly I will sell.
IRE – As I said yesterday, it was a clear sell, it will support at 2.50 – 2.40.
MCET – It confirmed support at .022, but, it is still to high to buy.
RBS – It pulled back a little, but, it’s an hold, it will recover today.
SAY – I like the chart, it will fall, but, should be good to buy after confirm a new support.
SOLM – Possible buy today at .012, this one is risky.
SPSN – It is forming a pincher pattern, it will fall a little further.
SSCC – I gave it a speculative buy yesterday, it pulled back a little, but, it is still an hold.
STEM – Reacted drastically to the up side, but, I will not buy this, it’s too high to buy.
STSA – It’s developing a pincher pattern, still room to fall, just to watch for now.
TSFG – Just to watch, possible bounce play, it will continue to fall.
UYG – It fell to close the gap, it will recover again today, hold, possible sell.
Happy trading
Dr PennyStock
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