Penny stock list for July 15, 2008

Penny Stocks – FVRL GCOG GRDB GSPG HTOG IRBL MGI PFB PMI PTSH QMNM UPDV XJT

Stocks – ABK AMD AMR CDE CPSL CPST ESLR ETFC F FMNTQ FRPT IDEV IVAN ROYL SIRI SONS WM

Attention to these penny stocks:

FVRL – The price is stabilized, during the day fall a little, but, close always at the high or near, hold.

GRDB – It’s trading sideways, looks like it is trying to react to the up side, the support at .10 resisted yesterday, it’s a hold.

GSPG – This stock is very strong, I will put some money on it today, it has broken the double top with easy and despite the overbought situation, it will test or even break the MA200 on the weekly chart at .042.

HTOG – It’s trading sideways, it made a higher low and was just because of this that I haven’t sold yet, let’s see if it breaks the resistance at .0081 today, hold.

IRBL – It dropped much yesterday, but, it is just giving a good buy price, I will buy today.

PTSH – Good candle, good reaction, but, I will believe only after see a close at .0017, hold.

QMNM – I am almost sure that the long white candle, 4 trading days before, was a bull trap, yesterday’s candle doesn’t look good, it opened with a gap up, confirmed the .029 as resistance and closed making new low, there is a strong possibility of test .017 or even lower, a positive reaction is also possible, but, the first possibility is stronger, IMO, hold.

UPDV – The PAR SAR is working like a magnet, attracting the stock to the down side, it will be difficult to resist to this powerful magnet, if it breaks the PAR SAR, better sell, if not, hold.

Happy trading
Dr PennyStock

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