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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