Penny Stocks to Watch by Stock Analyzer for September 24th

By admin | September 24, 2008
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Submitted by Stock Analyzer

Penny Stocks to Watch

CABN - we posted CABN on our forums the other day and in chat and said to watch to see if we can hold .08 support….we did hold and moved up to .16 close today for a nice 45% move. The KEY now is to break .16 on the bid side and if we do then possible .22 is up next for resistance.

ZIPI - closed at high of day .30 which was our first key resistance break that was discussed when we put ZIPI on alert at .24. If we can break .30 on the bid side then we could see .34 - .36 up next

GCHK coming to key support levels of .70 and .75. If we can bounce off these levels then look for a possible test of resistance at .86 .90 ahead.

WWAT support at .30 and resistance at .40 .44 .47 ahead

SIL keep a eye on silver prices, if we go up then SIL could see 4.00$ in the short term, if we fall then watch 1.70 to 1.50 as a possible BOUNCE play for SIL

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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