Penny Stocks to Watch by Stock Analyzer for May 30th

By admin | May 30, 2008
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Submitted by Stock Analyzer

Penny Stocks to Watch

ARIA possible bottom coming here, resistance at 2.60 2.70 ranges but will have to start making higher lows before entering.

ARIA - SharpCharts from StockCharts.com

DBRN congrats to those who played the triangle, ascending triangles are usually the strongest and you can see by the results today on the chart below that it blew up once it pasted the top trendline. We could see more green tomorrow if the market goes green, if we go red then look for a possible pullback to the top trendline area for support

DBRN - SharpCharts from StockCharts.com

A nice day for us on XSNX Going to continue to watch XSNX at .37 .33 ranges as support, could be a bounce from that point .

XSNX - SharpCharts from StockCharts.com

SPNG Wedge forming here with higher lows but lower highs suggesting possible consolidation nearing a end. Watching for a break of .046 to test .049 double top resistance with .055 up next. Support at .04 .034 .032 we must hold over

SPNG - SharpCharts from StockCharts.com

GNAU a stock we talked about just a few days ago had some news today about a “General Automotive Company President and CEO Joseph DeFrancisci to Conduct Exclusive Webcast With The Green Baron Report” With it coming to support it could be in play again tomorrow

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