Penny stock list for July 21, 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 – Tested again .004 as support and increased the volume, made a lower low and a lower high, still a hold.

GRDB – It confirmed .08 as support and closed at the HOD making a doji, the -DI still not crossed the ADX line to the down side, let’s see today, the RSI is giving signals of a recovery, hold.

GSPG – Good candle, increased the buy pressure, the +DI crossed the ADX line to the down side, but, in this case, it means nothing because the stock already did the same before and recovered again easily, hold.

HTOG – It made a doji, it will bounce today, hold.

IRBL – It has broken the PAR SAR, but recovered to the previous level and closed green, this was good to the stock, the sellers are gone, we should see a recovery to .0025 today, hold.

PMI – It’s starting to make resistance near the PAR SAR, should pull back to 2 – 1.80, it’s a sell.

PTSH – It’s trading sideways and it will trade this way a few days, Wednesday or Thursday, we should see a run, hold.

QMNM – The stock made a key reversal day on Friday, the MA200 is now the support, today will make low at .0168, more or less, and will recover to .022 – .025, hold.

TMA – Good run to .47, but, retraced due to profit taking, today it will stabilize the price at this level or run again to above .40, it’s a hold.

UPDV – It’s holding very well, made a higher low and a higher high, this is a continuation pattern, I expect another green candle today, just hold.

XJT – Still not bought, I see too much indecision, I will wait to see what happens.

Happy trading
Dr PennyStock

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