Penny stock list for August 28, 2008.

Penny Stocks - FRE FVRL GRDB GSPG HTOG IFLIE IRBL NCC NEXM 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:

FRE - Gave buy signal and should run to $6 or $7 in a few days.

FVRL - Finally a positive signal, the stock reacted exactly at the RSI30 line, the -DI is pointing down and the MACD is poised to run, let’s see tomorrow, I expect a breakout of the MA50 and the PAR SAR very soon, hold.

GRDB - Touched .04 but, reacted with reasonable volume and a doji, is it tomorrow the D day? I hope so, hold.

GSPG - It closed unchanged still below the MA50, but, traded almost all day above it, tomorrow will finally close at or above the MA50, hold.

HTOG - It tried to break the MA50 during all day, but, was not able to break it, however, I think that it will break it tomorrow, the +Di is almost touching the ADX line and should react to the up side soon.

IFLIE - Resisted during all day and didn’t trade at .016, signal of strength, let’s see tomorrow, maybe a small reaction to the up side, hold.

IRBL - Another good candle, but, with this one, I only believe when I see it running, it’s approaching the RSI50 line, hold.

PTSH - Nothing to say, hold.

QMNM - Not a good reaction, PAR SAR and MA200 making pressure was too much to this stock, it needs to accumulate a little more, hold.

TMA - Too much sell pressure, it will fall a little further, in my opinion, maybe a touch at .29.

TRX - Bought again this stock, but, I am not happy with the behavior of the stock, however the pull back was made with lower volume, let’s see tomorrow, hold.

UPDVE - Made support at .0035 and should trade sideways, not much volatility now, still a hold.

Happy trading
Dr PennyStock

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