Penny stock list for August 8, 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 closed at the MA50 and it will continue to run up, hold.

GRDB – It’s completely flat, just hold.

GSPG – It’s overbought but still with buy pressure, hold.

HTOG – The stock tested the resistance at .015, but, the candle and the volume indicates some profit taking, however, the trend is up and it will continue that way, hold.

IFLI – Made a higher high and it will continue the run up, hold.

IRBL – The volume increased a little, also the volatility, but, still too much indecision, still holding this.

PTSH – Even with all the positive signals, the stock was not able to break the PAR SAR, but, the breakout is imminent, IMO, hold.

QMNM – It has broken the support at .014, but, the very short candle means accumulation, the stock is trading above the MA200 and is still a hold.

TMA – If the +DI crosses the ADX line to the up side, it will run hard again, hold.

UPDV – Despite the red candle, it closed above the MA50, we have a breakout and this is clearly a hold.

Happy trading
Dr PennyStock

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