Penny Stock Picks Submitted By Dr. PennyStock
Submitted by Dr. PennyStock
Attention to these penny stocks:
FVRL - It pulled back to the support level, but, should react to the up side again today, hold.
GRDB - The PAR SAR line is flat, the MA50 is flat, it confirmed the .07 support making a double bottom, made a higher low and a higher high, it is trading again above the .10 support, the +DI is pointing up, the RSI line is pointing up and is right at the RSI30 line, just a small step and we have a buy signal, with all these positive signals, a major breakout is imminent, hold.
GSPG - The +DI crossed the ADX line to the down side giving a sell signal, it will continue the fall down to .045 - .044, next support point and possible buy zone.
HTOG - Another day below the .015 resistance, too much indecision, let’s see what happens today, still a hold.
IFLI - Looks like the stock is waiting for the PAR SAR to feel support, it will trade sideways a few days, IMO (in my opinion), hold.
IRBL - Made a doji and almost doubled the volume of Monday, it’s a good signal, but, nobody knows when this trash will run.
PTSH - The stock must react today to the up side because the +DI line is trying to cross the ADX line to the down side, if this happens, it will give a sell signal, it will run today, period, hold.
QMNM - Great reaction at the support (MA200), it’s the second time the stock makes a false breakout of the MA200, it rebounded with good volume and strong buy pressure, made a bullish engulfing pattern, my next objective is to see the stock trading again above the MA50 at .016, it will need a few days to break that resistance, hold.
TMA - Made another very short candle, a doji, in my opinion, it will run hard today, hold.
UPDV - Made a doji like TMA, another one with a big chance to run today, hold.
WAVE - Made a key reversal day, let’s see where it will stop the run, has a natural resistance at $1, hold.
Happy trading
Dr PennyStock
Dr. PennyStock is not a registered investment advisor. Please read the complete Penny Stocks Blog Disclaimer
