Penny stock list for August 25, 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 - The -DI line crossed the ADX line, this is a bad signal, it must react today to the up side or this will fall further, hold.
GRDB - The RSI crossed the RSI30 line to the up side again, the -DI line made resistance at the ADX line and retraced to the down side, this is good, also the stock closed at the HOD( high of the day), but, .07 was the previous support, is now resistance, it must break this resistance, hold.
GSPG - The pull back to .043 was just to create a good buy point, the volume increased and closed green, just hold.
HTOGE - The reaction was very good, and the close was strong, however, it needs to break the MA50 at .00887, this is now resistance.
IFLIE - Still a hold.
IRBL - It’s approaching the RSI50 line, a run is possible this week, hold.
PTSH - It is trading again above both MA’s and crossed the RSI50 line, will it run? With this stock, I am not sure, the signals are good, but this stock is completely unpredictable, hold.
QMNM - I have doubled again my position, but, it has still room to fall a little, hold.
TMA - It will test .30 - .29, another good buy point, hold.
TRX - It has still room to fall a little further, but, it will bounce soon, my sell target is .50, hold.
UPDVE - The reaction was very good and I think that it will not touch .0018, the support was .0020, it should make an higher low and an higher high today, hold.
Happy trading
Dr PennyStock
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