Penny stock list for July 18, 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 – It’s giving signals of a possible run, but, the signals are still too weak, hold.

GRDB – It increased the volume, which is good, but, made a lower low and a lower high, which is bad, the -DI is pointing down and is touching the ADX line, if it crosses the ADX to the down side, it will generate a buy signal, I expect that at any moment, hold.

GSPG – It’s trading sideways, hold.

HTOG – Another short candle, it will bounce very soon, maybe today, hold.

IRBL – Still above the PAR SAR, but, it has still sell pressure, it needs to react today, at least make a higher low, hold.

PMI – Should continue the run to 2.80, hold.

PTSH – Higher low and the same high as of Wednesday, this stock will need serious volume to break that .0016 resistance, hold.

QMNM – It has broken the .0168 support, I only see one chance, the stock support at .014 (MA200), hold.

TMA – This stock has broken the PAR SAR with good volume and it will run again, target at .50, it’s a buy.

UPDV – It bounced and will run today, hold.

XJT – I haven’t bought yesterday, but, will buy today for sure, it’s a little risky because the PAR SAR is too close, at .47, but, without risk, no reward.

Happy trading
Dr PennyStock

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