Penny stock list for June 26, 2009.

Penny Stocks – ABK ACTC AIG AMNE AXL BCND CORS FRE GNBT IDOI IGNT LGTT OPGX PINR SIRI

Attention to these penny stocks:

ABK – It has broken the 1.00 support, but, made a white candle, this is signal of a possible reversal, hold.

ACTC – It confirmed top at .2785, and, made a doji, this is signal of indecision, possible sell today, hold.

AIG – Made a doji with an higher high, possible run today, hold.

AMNE – It was not able to break the PAR SAR, but, nothing changed, the breakout is still possible, hold.

AXL – A golden cross will happen today, lets see the effect this will make on the stock, wait.

BCND – I bought 2 million shares yesterday at .0004, with my $1,000,000 challenge account, I think this stock can make a run to .0014 – .0015 soon, buy.

CORS – Made a doji with a lower low and a lower high, this is signal of a bottom when made at a support zone, possible breakout soon, hold.

FRE – It confirmed the support at .65, the breakout is very close, maybe today, hold.

GNBT – Made an higher high, and despite the close below the .57 resistance, looks like a buy, possible buy today, wait.

IDOI – Too much indecision, this must be due to dilution, but, the run is still possible, hold.

IGNT – Today or next week, this will make a big spike, just hold.

LGTT – It’s touching again the support zone, this is signal of weakness, but, it is still above tha MA200 on the daily chart and the MA50 on the weekly chart, still an hold.

OPGX – It’s incredible the dilution here, if the company doesn’t stop to sell new shares, this will never run, at this point T/A is not working, I don’t know what to say, lets hold for a few days more to see if we have luck and they stop with the dilution, hold.

PINR – The Gold Members received sell recommendation at .002, but, after a pullback, it’s possible a re-entry, I believe it will run to higher levels, wait.

SIRI – I decided not to give a buy recommendation because I am seeing too many resistances in this zone and the stock is close to the overbought zone, wait.

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Happy trading
Dr PennyStock

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