Penny stock list for August 27, 2008.

Penny Stocks - FVRL GRDB GSPG HTOG IFLIE IRBL NCC PMI PTSH QMNM RAD RDN RHD TMA TRX UPDVE

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 - So much indecision, I am really sick of this stock, it must react in the next couple of days, if not, it will break the RSI30 line to the down side, hold.

GRDB - A stock that fell from $5 and is not able to make even a 100% run after 3 months of accumulation, only what I see is sell pressure, it closed with a black marubozu and with volume, or this was a capitulation, or it will fall further, let’s see today, hold.

GSPG - It fell to .035, a previous strong resistance point, now support, reacted with strong buy pressure and great volume, in my opinion, it will try today support above the MA50 at .040, hold.

HTOG - It lost the E and reacted positively making a strong white candle, it should try to break the MA50 at .00906 today, if it breaks, I will buy.

IFLIE - Bad signal, it fell to below the MA50 and has broken the .018 support, it has another support at .016, it should touch this support and rebound with stregth, hold.

IRBL - Made a doji and is trading sideways, hold.

PTSH - Nothing to say, it’s trading sideways above and below the MA’s, hold.

QMNM - It closed slightly below the MA200, almost touched the PAR SAR, it’s showing strength and a breakout should happen in the next couple of days, hold.

TMA - It opened with a gap up and I sold all my shares, it tried to support at .50 but, made a new low at .45 and looks like it will make resistance at .50 and fall to .40 to close the gap, it crossed the RSI70 line to the up side, and is now in overbought zone, the ADX is also overbought, however there is a small possibility of run a little further today, I believe more in the first possibility, I will just watch for now.

UPDVE - Made an higher low and an higher high, but, closed below the .0030 resistance, should continue to run up, hold.

Happy trading
Dr PennyStock

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