May 18, 2008
Penny Stocks to Watch by Stock Analyzer for May 19th
By admin
Submitted by Stock Analyzer
Penny Stocks to Watch
Here are some stocks I will be watching on Monday. I hope to see ALL of you in the chat room, the link to enter our stock chat room which people enter right before market opens (9:30 eastern standard time) and stay until market close is http://www.stocknetworkonline.com/visichat Lately we have been having over 25 to 35 members talking big board and microcap stocks.
DCFF forming a ascending channel as shown here in the annotated chart below. Resistance imo at .013 .018 .02 and support at .007 .006 .004. I do currently hold a position in DCFF
DCFF - SharpCharts from StockCharts.com
GBDX a dragonfly doji candle formed on friday, if we can hold over .0013 we could test .0023 .0026 again in the short term
GBDX - SharpCharts from StockCharts.com
GFET double bottom formed at .45 friday. We NEED to hold .45 or I would sell out. Resistance at .55 .64 .84 ahead
GFET - SharpCharts from StockCharts.com
JYTO a wild card play here. Support at .54 .46 and .40 base. Just going on what I hear on this one and it sounds like it might get some action this week based on fridays after hours news which is in this link Joytoto USA, Inc. Receives and Completes its First U.S. Purchase Order: Financial News - Yahoo! Finance
. I am not in JYTO at this time. Resistance at .79 and 1.00 range ahead
Here is a JYTO WEEKLY chart
JYTO - SharpCharts from StockCharts.com
ADPT on watch to see if we can break the 200 MA line at 3.23 ahead. Might be a decent day or two trade here. Support at 2.88 2.83
ADPT - SharpCharts from StockCharts.com
I am not a registered broker so please buy and sell on your own choice. These are just my opinions and should not be used for buy/sell signals.
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