Penny stock list for August 11, 2008.

Penny Stocks – FVRL GRDB GSPG HTOG IFLI IRBL NCC PFB PMI PTSC PTSH QMNM RAD RDN TMA UPDV VCSY WAVE

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 for the first time above the MA50 and it will break the PAR SAR soon, hold.

GRDB – It has broken the support at .10 and touched the support at .07, made a doji and increased the volume, the -DI is pointing up, which is a bad signal, I hope it doesn’t cross the ADX line, hold.

GSPG – The volume increased too much, I’ve sold, it’s possible a pull back to .044 before run to .10, but, it’s also possible run today to .10, 80% – 20%, this penny stock is very strong, sell.

HTOG – Should stabilize the price today, hold.

IFLI – It will continue the run up, it will pass .035 today, hold.

IRBL – Completely flat, maybe a spike soon, still holding this.

PTSH – We have a breakout, the close was strong and it will attack .0021, hold.

QMNM – The stock is on accumulation mode, it should stop falling today and stabilize the price, hold.

TMA – The stock is trading sideways and the +DI should cross the ADX line to the up side in the next couple of days, hold.

UPDV – Another short red candle, but, also another close above the MA50, it’s touching the PAR SAR as support and a positive reaction is expected today, hold.

WAVE – Possible bounce play, just to watch, for now.

Happy trading
Dr PennyStock

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