Penny stock list for August 14, 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 has broken the .05 support once again, but, closed above it, the volume increased, this is just to accumulate enough shares to break the PAR SAR, hold.

GRDB – The stock has broken the .10 support, but, has crossed the RSI30 line, as I said yesterday, the breakout is imminent, hold.

GSPG – This stock is really strong, it didn’t touch the support and reacted above, it depends of the behavior today, but, I am tented to buy again if it makes a pull back to .050 – .049.

HTOG – It will trade sideways for 1 or two days maximum, after that, it will run up, if not, it will break an important support line since the bottom at .0017, still a hold.

IFLI – If it doesn’t react to the up side today, it will break the PAR SAR, hold.

IRBL – Another good candle, but, it must break .0009 to give a buy signal.

PTSH – The RSI is flat and above the RSI50 line, but, the ADX gave a sell signal, the +DI crossed the ADX line to the down side, the MACD just crossed to positive 2 days ago, it MUST run soon, hold.

QMNM – It pulled back a little with low volume, nothing wrong with that, hold.

TMA – The +DI already crossed the ADX line to the up side, it just needs more volume to run hard, today or tomorrow, hold.

UPDV – It’s trading sideways, but, the possibility of the pull back to .0030 is still big, hold.

WAVE – Good white candle, it will maybe touch 1.30, hold.

Happy trading
Dr PennyStock

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