August 7, 2007
Penny Stocks to Watch for August 7th by Dr. PennyStock
By admin
Submitted by Dr. PennyStock
Penny Stocks to Watch
A small analysis of a few of these penny stocks.
AAGH - A very small and slow pullback, this is pure accumulation, candles with a very small body means strongness, both MA’s, the MA200 and the MA50 are now at 0.070, the MA50 will cross the MA200 to the up side very soon, maybe today, so, IMO, the buy point will be between 0.078 and 0.070.
ARSC - As I’ve said before, a break of the 0.059 resistance, will drive the stock to 0.095 - 0.099, buy point at 0.059 and above.
CPTC - Will support at 1.47 - 1.46 where is the MA50 and an old support point.
IHGR - Has broken the 0.00145 support, but, reacted with a great volume increase and made a high wave, a reversal candle, today, I think that the stock will support somewhere above 0.0012, maybe at 0.00145, and recover to the 0.002’s. The MA50 and the PAR SAR are today at 0.0027 - 0.0028, the stock will run very, very soon, IMO.
MBIR - Has broken all of the important resistance points, but, the volume increase, the close below the most part of the resistance points, and with about 15% of retraction of the HOD, IMO, this is a very good point to sell.
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Topics: AAGH, ARSC, CPTC, IHGR, MBIR, penny stock alert, penny stocks, penny stocks to watch |
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