Penny Stocks Dr – Penny Stocks Professional – Hot Penny Stock Picks

Penny stock list for February 27, 2009.

Penny Stocks – GNTA GSPG IDOI IGTP MGLG MLHP NEOM PHMB RBDC RMTD XHUA

Attention to these penny stocks:

GNTA – It has support at .078 and is trading sideways, if you bought, just hold, it will test again .011 and maybe break it again.

GSPG – It has broken the MA50 and is touching the PAR SAR, also it crossed the RSI50 line to down side, it must react very soon or it will break the PAR SAR, hold.

IDOI – Made an high wave and it will bounce, it will test again .0040, hold.

IGTP – Stopped the fall and bounced at .004, it is trading above the MA200 and the PAR SAR, it looks very strong again, I expect a test .010 today, hold.

MGLG – This kind of stocks are just to watch, don’t buy this, this is just a volume alert.

MLHP – Another volume alert, it’s very risky because it has a very low average volume, it will be a buy only if this kind of volume continue, a run to .0013 is possible.

NEOM – Made an higher low and an higher high, the close was also strong, but, if it doesn’t pass .0064, sell, if it trade above it, hold.

PHMB – It’s trying to break the resistance at .0005 and the MA50 at .0006, a breakout is possible today, the next resistance is at .0015 and .0045, it’s a buy only if it breaks .0006.

RBDC – Volume alert, loos like that whoever wanted to buy, already bought, because the volume is again the average, now is a waiting game, don’t buy until see some action again, wait.

RMTD – It has broken the PAR SAR, but, don’t buy this, just to watch.

XHUA – As I said 2 days ago, it pulled back to .0015 – .0010, exact was .0012, it needs to re-test the support, wait.

Happy trading
Dr PennyStock

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Hi,

My apologies, but, today was not possible to write my daily blog post, because I was in the hospital since yesterday at the midnight, till a few minutes ago.

I hope tomorrow write again my usual daily post.

Cheers

Dr PennyStock

Penny stock list for February 25, 2009.

Penny Stocks – CMLT CTIC DTMG GNTA GRDO GSPG GXPI IDOI IGTP INAR INCL MGLG NEOM PELE RBDC RMTD SOFN XHUA

Attention to these penny stocks:

CMLT – Traded 1 billion+ shares in two days, and, made a lower high, this one is a heavyweight, too much dilution, let’s see what it will make in the next days/weeks, just to watch.

CTIC – Made a double bottom and looks like ready to run high, it’s a buy.

DTMG – Slow and steady, it crossed the RSI70 line, it’s in overbought zone, it’s possible a pullback to .020 and test the previous resistance as support, hold.

GNTA – It has broken the support at .009 and will test the MA50 at .00713, depending of the behavior, should be a buy at this price, wait.

GRDO – Made an higher low and an higher high and closed strong, hold.

GSPG – It has broken the MA50 intraday, but, closed above it, not a big problem, this is accumulation, hold.

GXPI – Looks like the classic shake to buy low, despite the two strong resistances at .00219(MA50) and at .00263(PAR SAR), it’s a buy.

IDOI – Tanked at the close, in my opinion, this was just to catch a stop loss order of about 5 million shares, hold.

IGTP – I was wrong, and pulled back yesterday, I still have all my shares and will wait for the recover, I expect a flat day today with an higher low and a lower high, hold.

INAR – This is a very low volume stock, but, it’s increasing and a run to .25 is possible, it’s a buy.

INCL – It has broken the MA200, if you bought, just hold, this is a risky play, but, can also make a fast run to .0020.

MCET – Made another low, it’s a sell.

MGLG – It’s trading sideways, just to watch.

NEOM – Reduced the volatility, is trying to stabilize the price, hold.

PELE – Touched the support at .0015 again, it’s a sell if it breaks this support.

RBDC – This is a volume alert, I expect a run soon, wait.

RMTD – It’s trading sideways, wait.

SOFN – Respected the low of the previous day and stopped the fall, should recover a little today, hold.

XHUA – It will pullback to .0015 – .0010, wait.

Happy trading
Dr PennyStock

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Penny stock list for February 24, 2009.

Penny Stocks – CMLT DTMG GNTA GRDO GSPG IDOI IGTP INBG INCL MCET MGLG NEOM PELE RMTD SOFN XHUA

Attention to these penny stocks:

CMLT – Almost 700,000,000 shares traded and only 50% more on PPS means much dilution, but, even stocks like this can run very high and fast, only a few months back, it run from .0002 to .0050 in 5 trading days, I expect a similar run very soon, wait.

DTMG – It closed above the MA200, it’s a strong breakout, this one is not a volatile penny stock, next resistance at .035, it’s a buy.

GNTA – As I said yesterday, it confirmed support at .0090, the MA20 will stabilize in the next days, wait.

GRDO – As I said yesterday, it stopped at .0026, one tick above the .0025 support, hope you bought at this price as I recommended, made an high wave and closed positive, just hold.

GSPG – It’s trading sideways, this is accumulation, hold.

IDOI – Gave a great buy price at .0016 and closed at the HOD, today it will continue the run, next resistance is at .015 and I think that is very possible test this mark, maybe today, just hold.

IGTP – Another gap up and another powerful white candle, I think that it will touch .07 before any major pullback, hold.

INBG – Very long white candle, it has the MA200 as resistance at .0010, it’s dangerous to buy now, wait.

INCL – Has broken the PAR SAR with an incredible volume, if it breaks the MA200 at .000228 it’s possible a run to .002 as it did two times 6 months back, but, attention, if it runs to .002 or close, sell immediately because it will pullback very fast, it’s a buy only if it breaks the MA200.

MCET – Touched the MA50 and made an high wave, a reversal candle, but, the volume is the same as the previous day, this suggests indecision, I want to see a green candle today, still an hold.

MGLG – This one had a volume alert, and has broken the PAR SAR, but it has resistance at .0002 and .000286(MA50), just to watch.

NEOM – It tested the .0037 support, and reacted very well, I hope you bought there, hold.

PELE – Confirmed the support at .0015, but, made a black candle and decreased the volume, I don’t like this trading pattern, I want to see a white candle confirming this support, hold or sell if it breaks the support at .0015.

RMTD – Volume alert, 2 months with great volume, a breakout is very close, wait.

SOFN – Made a black marubozu, but, can make what XHUA made a few days ago and make another long white candle today, hold.

XHUA – Made an high wave and I think that a pullback is inevitable, wait.

Happy trading
Dr PennyStock

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Penny stock list for February 23, 2009.

Penny Stocks – DTMG GNTA GRDO GSPG IDOI IGTP MCET NEOM PELE SOFN XHUA

Attention to these penny stocks:

DTMG – It’s trading above the PAR SAR and MA50, stopped just at .020(MA200), this is a strong resistance because it is also an old resistance point, next resistance at .035, let’s see today.

GNTA – It has broken the .011 support and is falling supported on the MA50, it has support at .0090 and I think that it will confirm this support today, may be a buy soon.

GRDO – Was a buy and a sell, made a great run to .0075 and gave sell signal, now we need to wait and see where it will stop, my guess is .0025, where it will be a buy again.

GSPG – Touched again the MA50 and made a powerful white candle with great volume, the run is very close, it’s a buy.

IDOI – It has broken the PAR SAR with 10 times the average volume, this is powerful, it has resistance at .015, .024 and .043(MA50), it’s a buy.

IGTP – I thought that it would fall to .0010, but, it reacted at .0018 with strong buy pressure, I was obligated to buy at .0033, it is trading above the MA200 and it will continue to run, it’s a buy.

MCET – This lost volume and only one touch at the MA50 will shoot this up again, it’s very close, still an hold.

NEOM – It will find support today, I think that it will test .0037 or .0031 as support, and bounce there, you can buy at these prices.

PELE – Tested the .0015 support and made an high wave, possibly it will confirm this support today, if so, it is a buy at this price.

SOFN – Made a long white candle with great volume, possibly it will break the PAR SAR and run to .0024, it’s a buy.

SRSR – It’s a sell.

XHUA – This one was a complete surprise for me, I saw it when it fell from .0010 to .0004 and thought that were dead, but, suddenly made a 1000% run in two days, it’s maybe too late, but, if this is a long term run, we should have an opportunity to make money with it, wait.

Happy trading
Dr PennyStock

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