Penny stock list for August 13, 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 – It pulled back to the support level, but, should react to the up side again today, hold.
GRDB – The PAR SAR line is flat, the MA50 is flat, it confirmed the .07 support making a double bottom, made a higher low and a higher high, it is trading again above the .10 support, the +DI is pointing up, the RSI line is pointing up and is right at the RSI30 line, just a small step and we have a buy signal, with all these positive signals, a major breakout is imminent, hold.
GSPG – The +DI crossed the ADX line to the down side giving a sell signal, it will continue the fall down to .045 – .044, next support point and possible buy zone.
HTOG – Another day below the .015 resistance, too much indecision, let’s see what happens today, still a hold.
IFLI – Looks like the stock is waiting for the PAR SAR to feel support, it will trade sideways a few days, IMO (in my opinion), hold.
IRBL – Made a doji and almost doubled the volume of Monday, it’s a good signal, but, nobody knows when this trash will run.
PTSH – The stock must react today to the up side because the +DI line is trying to cross the ADX line to the down side, if this happens, it will give a sell signal, it will run today, period, hold.
QMNM – Great reaction at the support (MA200), it’s the second time the stock makes a false breakout of the MA200, it rebounded with good volume and strong buy pressure, made a bullish engulfing pattern, my next objective is to see the stock trading again above the MA50 at .016, it will need a few days to break that resistance, hold.
TMA – Made another very short candle, a doji, in my opinion, it will run hard today, hold.
UPDV – Made a doji like TMA, another one with a big chance to run today, hold.
WAVE – Made a key reversal day, let’s see where it will stop the run, has a natural resistance at $1, hold.
Happy trading
Dr PennyStock
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Hey I just bought 6,000 more shares of HTOG. i sold some crap pennystocks and used this money to buy HTOG which I hope is a better stock than IMTS AND DRGP were. ha! What do you see for HTOG, you think it would run to what it was last year around this time. Would be nice, I would like to see my first big profit!
Ronnie
I don’t know where it will stop, only the market knows that, I only know the resistance points, the stock has resistance at .0155, .021, .030 and .050.
Dr.
I sold all my shares of HTOG, due to my own knowledge and your advice on youre daily post, closed it with a 110% gain so no frowns here, I placed all my ducks on UPDV 200,000 shares roughly bought in at its safe zone at .0038, do u foresee it running?
Dustin C.
The sell pressure stopped on UPDV, it made a doji, so, I think that a run is possible at any moment, the MA50 also stopped the fall down and is flat, another signal that a run is possible in the short term.