Penny stock list for August 5, 2008.

Penny Stocks – FVRL GCOG GRDB GSPG HTOG IFLI IRBL MGI NCC PFB PMI PTSC PTSH QMNM RAD RDN TMA UPDV VCSY 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 has broken the RSI30 line and gave buy signal, it should test .08 today, hold.

GRDB – The RSI30 line is resistance, but, the red candle was made with low volume, it’s just testing .10 as support, hold.

GSPG – Just hold.

HTOG – It closed above the MA50 and it will try to break the PAR SAR at .0132, hold.

IFLI – It pulled back to the previous support with low volume, the MA50 stopped the fall down and is now flat, good price to accumulate more, it’s a hold.

IRBL – At least, it made support at .0006, let’s see what will happen.

PTSH – The +DI just crossed the ADX line, buy signal, the breakout is very close, hold.

QMNM – Good reaction, but, it will close the gap, also, it was not able to cross again the RSI50 line to the up side, hold.

TMA – Another red candle, should test .19, hold.

UPDV – HTOG made a good white candle and UPDV fell, maybe because of the MA50 at .00677, it needs to pull back a little to gain momentum to break this resistance, hold.

Happy trading
Dr PennyStock

P.S. – If you like my posts and analysis, you can subscribe to my RSS Feeder or by Email, to have the latest post sent to you.

Visit my forum here: Forum