Penny stock list for August 21, 2008.
Penny Stocks - DFR FVRL GRDB GSPG HTOG IFLI IRBL NCC PMI PTSH QMNM RAD RDN TMA UPDV 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’s trading sideways, still a hold.
GRDB - Another retest of the .07 support, and, with volume, it’s gaining volatility and momentum, hold.
GSPG - A red day with a slightly increase in volume, but, nothing serious, hold.
HTOG - Had bad news and a big sell-off with big volume, I am not sure, but, looks like the .008 support will not be strong enough to support this stock, I think that we will see this stock testing .005 again soon, we will see.
IFLI - Was not able to cross the RSI50 line again, and this is now resistance, support at .018 and .016, hold.
IRBL - It’s trading sideways, I will hold this waiting for a spike.
PTSH - Completely flat, I will hold.
QMNM - Another fight during all the day to hold above .010, closed unchanged with a doji and increased the volume, these are signals of support, but, still very weak, I want to see a close at .105 or .011, hold.
TMA - Despite the close unchanged, this candle is not good, right now is very difficult to say, I need to see the behavior today to try to predict the near future of the stock, hold.
UPDV - It fell due to the bad news on HTOG, tested the .0028 support, but, the indicators are telling that it should fall further, unless the RSI30 line supports the stock, hold.
WAVE - The bad market day yesterday affected the stock, I will try to sell today.
Happy trading
Dr PennyStock
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