Penny stock list for August 7, 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 – The stock is still below the MA50, in the next couple of days, it will break this resistance, hold.

GRDB – Nothing important to say, it should react to the up side soon, hold.

GSPG – Will it stop at .10? One of the most powerful charts I have ever seen, it’s a hold, of course.

HTOG – It has broken the PAR SAR and will test .015 today, it has resistance at .015, .021, .030, .050, hold.

IFLI – It closed slightly positive and should make a higher low and a higher high today, hold.

IRBL – No signals of a reversal, still holding this.

PTSH – We have a bullish engulfing pattern, a white marubozu, the volume increased, the PAR SAR is at .0017, it’s just a step ahead and the PAR SAR will be broken, let’s go break this today, hold.

QMNM – As I thought, .014 supported the stock yesterday, however, I would like to see a close above .0151 (MA50), if that happens, the stock should hold at this level and trade sideways, hold.

TMA – It pulled back a little but, still closed above the open, making a white candle, which is a positive signal, hold.

UPDV – The stock closed slightly above the MA50, it will test .008 soon, hold.

Happy trading
Dr PennyStock

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