Penny stock list for July 17, 2008

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

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

Attention to these penny stocks:

FVRL – Recovered again to near the previous support, a break of .051 will generate a buy signal, hold.

GRDB – It closed near the support with average volume, I need to see the trading pattern today to form an accurate opinion, hold.

GSPG – I’ve bought yesterday at .0365, supported at .0355 and gave signals of a recovery, hold.

HTOG – Lower high, lower low, but, a very short candle, this is accumulation, hold.

IRBL – I’ve bought yesterday at .0019, made a high wave, signal of reversal, I expect a green candle today, hold.

PMI – A run to 2.80 is possible, RSI and MACD gave buy signal, ADX also pointing up, it’s a buy.

PTSH – It’s making resistance on the ADX line, also, the resistance at .0016 is very strong, it’s trying to break the resistance, but, it will not be easy, hold.

QMNM – Another very short candle, it means accumulation, I doubled my position yesterday at .020 and expect a reversal today, hold.

UPDV – It will bounce here, I doubled my position yesterday at .0039, hold.

XJT – Looks like a support at .30, I will buy today, has resistance at .47, .55 and 1.20.

Happy trading
Dr PennyStock

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