Penny Stock Picks Submitted By Dr. PennyStock

By msadmin | August 18, 2008
Rating 3.00 out of 5
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Submitted by Dr. PennyStock

Attention to these penny stocks:

FVRL - It closed above the MA50 and the RSI and the ADX are both pointing up, we need just volume to see this stock break the PAR SAR and the .08 resistance, hold.

GRDB - The RSI already crossed the RSI30 line to the up side, we have a higher low, but, no volume, even with good news on Thursday, no breakout, hold.

GSPG - The stock had a pull back, but, I want to see today if it will break the PAR SAR as support, if not, I will risk a little and buy again.

IFLI - Well, I was wrong and the stock fell to .019, it has support at .018 and .016, I will double my position at these price levels, hold.

IRBL - After a long white candle, a little of profit taking is not bad, I will hold this for a few days more.

PTSH - Still trading sideways, hold.

QMNM - It’s touching the MA200 and should rebound today, hold.

TMA - It tried to run, but, the volume increased above .28, this means that someone is selling big at this price, this sell pressure pushed the stock to new low at .25, let’s see if it runs today, hold.

UPDV - It stopped the fall down and made a short doji, maybe a support point here, but, it needs confirmation today, hold.

WAVE - IT recovered a little, we have a higher low and a higher high, it’s a hold.

Happy trading
Dr PennyStock

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