Penny stock list for April 23, 2008
Penny Stocks – AAI BBI CKNN CYTR DEEP DFR DVAX FBR FMD GNBT GRO HYTM KERX LUM MCU MESA MSPD NBF NUVO PTSC PTSH REV RMDX SCA SWVC TGIC TMA XJT XRM
Attention to these penny stocks:
CKNN – The stock made a Hammer with good volume, this candle usually indicates a reversal, let’s hope so, hold.
DEEP – The stock has broken the support and gave a sell signal, but the -DI crossed the ADX line to the down side giving signals of a possible reversal, I will hold.
KERX – The stock is holding the support at .45, hold.
MESA – Has broken the support and “looks like” it will support at .50, not sure about that because the volume increased and I don’t feel much strength at .50, hold.
NUVO – Good candle, should continue rising the price, hold.
TMA – Completely flat with a slight positive signal, hold.
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.
CKNN is doing very well today, looks strong, but, it needs much more volume.
KERX also with a very good reaction at .45, made a new high at .48 2 minutes ago.
Yes I like CKNN, do you think that 0.3 is a strong support point?
Thx.
Cecil
Strong, maybe not, but, at least is acting as support, the lack of volume today I interpret as lack of sellers, but, the stock needs volume to break the PAR SAR at .38 today, with this low volume, the stock will only stabilize, not break the resistance.
hi doc, can you explain how come the stock went up to 0.34 slowly then dropped back to 0.33 instantly..thanks
Mjstyle
That is not explainable, the buyers are at that level, just that.
would you say that cknn would be a great buy at the price it is at right now??
Bigmoney
Buy CKNN only after break the PAR SAR at .38.
hi doc what do you think of the volume right now for CKNN..
Mjstyle
It’s good, but we need even more, like yesterday, 500k – 600k.