Penny stock list for July 24, 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 – As I said yesterday, it will try to break the resistance at .08, I will hold for now, I think that this time it will break the resistance and close that gap at .14, hold.

GRDB – It has broken the support, but, closed above it, this was a false breakout, it’s a hold.

GSPG – Despite the lower low and lower high, this stock is very strong, the close was very strong, it will consolidate at this level, hold.

HTOG – It is trading above the RSI50 line and the +DI crossed the ADX line to the up side, this is a strong buy signal, it will touch the next resistance at .0133 (MA50), has also resistance at .0155 (PAR SAR), two possible sell points, if it breaks these two resistances, the next ones are at .021, .030 and .035.

IRBL – Made a doji and looks strong, I will hold for a few days to see what happens.

PTSH – The first try to break the PAR SAR was not successful, but, it’s still a hold.

QMNM – Good reaction yesterday, soon than I expected, it will test .03 or near, it has resistance there (draw a line beginning in .075, passing for .048 and you will see), hold.

TMA – It will run again today to .47, hold.

UPDV – It is again above .0055 and will test .008, next resistance, it has also resistance at .0098 and .014, hold.

Happy trading
Dr PennyStock

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