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

Penny stock list for October 30, 2009.

Penny Stocks – AVVH CBAI CMGR EXPU GNPG IGNT IOVE JEDM KEPI MDFI MOCN MSBT OWVI SPOF STWG VGPR XYNH

Attention to these penny stocks:

AVVH – It touched the RSI30 line, made a reversal candle, possible recovery to .0051 (MA200), hold.

BCND – It’s out of the list, sell.

CBAI – Made an higher high, it will support here, hold.

CMGR – It’s trading sideways above the PAR SAR, it should run at any moment, hold.

CXAC – It’s out of the list.

EXPU – It is a buy only if it breaks the PAR SAR and the MA50, wait.

GNPG – It’s touching the support zone, possible buy today, wait.

IGNT – It will trade sideways for a while, hold.

IOVE – The +DI is falling, I will not risk, wait.

JEDM – It needs to break again the MA50 at .115, it will do that, but, it needs a couple of weeks, hold.

KEPI – It confirmed support at .0031, now is a matter of time, hold.

MDFI – It’s to high, but, I think it will be a buy in a couple of weeks, wait.

MOCN – It will wait for the PAR SAR to make buy pressure, hold.

MSBT – Possible buy today, wait.

OWVI – It’s trading sideways, I feel a litle of buy pressure, hold.

SPOF – The breakout is imminent, hold.

STWG – It is trying to support at .065, hold.

VGPR – It has strong resistance at .0062 and .007, but, this time, with strong volume and accumulation, I think it will break all the resistances, hold.

XYNH – I believe that when the market turns positive, it will finally run, hold.

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Dr PennyStock

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Today I will not post my daily update on my list of stocks, because they are not acting by themselves, they are following the market, so today I will analyze the main indexes.

$INDU – Dow Jones Industrial Average – This is the main index of the American stock market, as you can see on the chart below, the index is pulling back to test the MA50 at 9697 points, about one month ago tested the MA50 at 9430 points, the ADX is almost in the same situation as one month before, the MA50 is rising, I have no motives to believe this time it will break this support, so I expect a test today at 9700 – 9697, and, a bounce today or tomorrow.

http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p19764027445

$NYA – NYSE Composite – As you can see on the chart below, the NYSE has broken the MA50, but, it has support at 6750 – 6700, I bet you are asking why I am saying it, because you are not seeing on the chart, the only you are seeing, is the support at 6633 points, but, if you remember what I said many times, previous resistances become supports, and previous supports become resistances, so, if you look to the last month of August, you can see that the index made resistance at 6700 about ten consecutive days, and, also at 6750 for about 5 days, right at the end of the same month, so, this is now a support point, it will test this support and bounce.

http://stockcharts.com/h-sc/ui?s=NYSE&p=D&b=5&g=0&id=p19764027445

$COMPQ – NASDAQ Composite – This is almost a copy of the NYSE chart, this will almost sure test the support at 2040, but, this one looks worst, it’s possible a touch at 2000 – 1950.

http://stockcharts.com/h-sc/ui?s=NASDAQ&p=D&b=5&g=0&id=p19764027445

$NDX – NASDAQ 100 – A perfect copy of the NASDAQ Composite chart, only the numbers change, this has support at 1656 – 1630 points, where it will bounce.

http://stockcharts.com/h-sc/ui?s=$NDX&p=D&b=5&g=0&id=p19764027445

$SPX – S&P 500 Large Capitalization – This chart is a copy of the DOW’s chart, it has support at 1019 points

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&b=5&g=0&id=p19764027445

Penny stock list for October 28, 2009.

Penny Stocks – AVVH BCND CBAI CMGR CXAC GNPG IGNT IOVE JEDM KEPI MOCN OWVI SPOF STWG VGPR XYNH

Attention to these penny stocks:

AVVH – Possibly it will test the .0044 support, hold.

BCND – It’s trading sideways, hold.

CBAI – It has support at .0062, it will bounce today, hold.

CMGR – It denied the run, for now, but, I think it is still possible, hold.

CXAC – It will try to run again soon, it’s a sell at .0008.

GNPG – Great chart and news, possible buy today, wait.

IGNT – It has broken the PAR SAR, it will need more time, hold.

IOVE – I will not risk, the market is not good to buy anything, wait.

JEDM – It has broken the MA50, it has support at .075 – .07, it will bounce there, hold.

KEPI – It denied the run, hold.

MOCN – It’s trading sideways, hold.

OWVI – It’s trading sideways, hold.

SPOF – It’s trading sideways, hold.

STWG – It has broken the .10 support, due is due to the market conditions, it will recover, hold.

VGPR – It has broken two strong resistances, I do not risk to say what she will do today, I hope it continues to .07 at least, hold.

XYNH – This is the first signal, I think it will try again today to break both MA’s and close above them, hold.

Usually pennys stocks are not affected by the market, but, right now, the horrible market conditions affect also the penny stocks, because the people is afraid of trading, and sell just to be out of the market, this is affecting all these stocks above, that is the reason why some of them have broken the supports, they will recover with the market.

If you want to make money, subscribe to my paid service, just click the link below and see all the closed trades and the testimonials from the Gold Members, you can opt between 4 subscription periods, 1 month = $35, 3 months = $95, 6 months = $180 or 1 year = $350, this is a 17% discount over the normal $420 price, subscribe here: Subscribe

Happy trading
Dr PennyStock

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Penny stock list for October 27, 2009.

Penny Stocks – AVVH BCND CBAI CMGR CXAC IDOI IGNT IOVE JEDM KEPI MOCN OWVI SPOF STWG VGPR XYNH

Attention to these penny stocks:

AVVH – I am not liking this, it’s again touching the MA200, it has also a possible support at .0044, the MA50 of the weekly chart, I hope it holds at this level, hold.

BCND – This POS has broken again the PAR SAR, it will trade sideways for a while, hold.

CBAI – This was just profit taking due to the bad market conditions yesterday, it will break the .0074 resistance soon, hold.

CMGR – Volume alert, with the doji and this volume, I think it will spike today, hold.

CXAC – Looks like it’s waiting for the MA50 and the PAR SAR, to make another run, it’s a sell at .0008.

IDOI – Made support at the MA200, it looks good, but, still not a buy, wait.

IGNT – As I predicted, the MA50 is the real resistance, and, the stock closed below it, it will need more time, hold.

IOVE – Well, looks like I will be obligated to buy this, it’s very strong, possible buy today, wait.

JEDM – It had news yesterday, that caused sell pressure, and, it denied the run, it is still above the MA50, hold.

KEPI – Made an hammer, this is a reversal candle, possible bounce today, hold.

MOCN – The black candle means nothing, the volume is very low, this is considered sideways trading, hold.

OWVI – I expect a breakout of the MA50 at .0024 today, hold.

SPOF – It denied the breakout, but, it’s a matter of time, I still believe it will break the .025 resistance soon, hold.

STWG – It closed below the MA50, but, the support at .10 is strong, it is being accumulated at this level, hold.

VGPR – It’s impossible to analyze this stock, T/A doesn’t work here, hold.

XYNH – I expect a spike at any moment, hold.

If you want to make money, subscribe to my paid service, just click the link below and see all the closed trades and the testimonials from the Gold Members, you can opt between 4 subscription periods, 1 month = $35, 3 months = $95, 6 months = $180 or 1 year = $350, this is a 17% discount over the normal $420 price, subscribe here: Subscribe

Happy trading
Dr PennyStock

P.S. – If you like my posts and analysis, you can subscribe to my RSS Feeder or by Email, to have the latest post sent to you.

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Penny stock list for October 26, 2009.

Penny Stocks – AVVH BCND CBAI CMGR CXAC IDOI IGNT IOVE JEDM KEPI MOCN OWVI SPOF STWG VGPR XYNH

Attention to these penny stocks:

AVVH – It’s trading sideways, hold.

BCND – We will see another spike in the next days, hold.

CBAI – The Gold Members received a buy recommendation last Friday, it’s a buy.

CMGR – It’s trading sideways, hold.

CXAC – Made an higher high, it will make another spike soon, it’s a sell at .0008, sell.

IDOI – Made a lower low, lets see if the MA200 will be support, wait.

IGNT – It had news, and, it has broken the PAR SAR, but, this was a fat finger, it was a false breakout, the MA50 at .00384 is the real resistance, hold.

IOVE – For one side, this is holding above the PAR SAR, but, looking to the ADX, the +DI is falling, it’s very risky, wait.

JEDM – Made a doji, the volume increased, and, closed above the MA50, I expect a bounce today, hold.

KEPI – It has broken the .004 support, but, this may be a false breakout, I think it will recover today, hold.

MOCN – The spread is better now, but, it needs a few days more, hold.

OWVI – I expect a breakout of the MA50 today or tomorrow, hold.

SPOF – The accumulation is incredible, never saw something like this, this will fly in the next days, hold.

STWG – It’s holding above the .10 support, hold.

VGPR – The RSI is pointing up, the stock made a gap up, is this the signal we are waiting for? Maybe, hold.

XYNH – The volume and the buy pressure increased, it is still above the PAR SAR, I expect a big spike at any moment, hold.

If you want to make money, subscribe to my paid service, just click the link below and see all the closed trades and the testimonials from the Gold Members, you can opt between 4 subscription periods, 1 month = $35, 3 months = $95, 6 months = $180 or 1 year = $350, this is a 17% discount over the normal $420 price, subscribe here: Subscribe

Happy trading
Dr PennyStock

P.S. – If you like my posts and analysis, you can subscribe to my RSS Feeder or by Email, to have the latest post sent to you.

Visit my forum here: Forum