Free Daily List of Top Penny Stocks to Buy – Good Penny Stocks

NASDAQ Penny Stocks – Good Penny Stocks – Monday 3-16-09

Posted on March 15, 2009 by Penny Stocks Picker

Good penny stocks for Monday

Last couple of weeks we identified and listed many profitable good penny stock to watch and trade including a few NASDAQ penny stocks.  Friday 3-13-09 was no exception (BZH, AXVC and HAYZ) including several past suggestions that continue to show momentum.  For example, IDGI was identified on 2/24/09 at a price of .0005 and Friday 3/3/09 it closed at .0035 (up 700% since).

There is now a new watchlist in the sidebar window of our website so you can quickly identify the daily penny stock suggestions (and some past suggestions that may not be on our daily penny stock listing).  We continue to improve our website and hope to have a more complete daily and historical watchlist category in the near future.  So, keep coming back to SureFirePennyStocks as we continue to provide you with better penny stock tools, penny stock investing education and most importantly, good penny stocks to buy.

I have two NASDAQ penny stocks (and several others) that look very promising this week.  I placed HAYZ on last Fridays watchlist at a price of 0.04 and I’m highlighting it so you will do your homework and watch this one extra close.  

HAYZ @ .044
First, I want to highlight why I think HAYZ may still have some momentum behind it.
1) Long term downtrend over the last 9 months from a price of ~$3.15.
2) Current downtrend line has been broken (see chart below).
3) Price and volume breakout (see chart).
4) $0.044 price may be good entry point considering support level (see chart).
5) Breakout chatter on both Yahoo and Investors Hub Bulletin Board.
6) Friday after market hours news release, which said the company had misstated per-share losses for the three fiscal years through 2008 because of a mistaken share count estimate.  They said they lost more then they actually did.
7)  Yes, this company obviously has problems (hence the share price) but it looks like we have Technical, Fundamental and Psychological criteria in play
 

Others to watch (with some things to think about)

OVER-THE-COUNTER PINK SHEETS (OTC)
MXXH @ .0045  (Classic hockey stick….which scares me but had to list.)
IDGI @ .0035 (First suggested on 2/24/09 at .0005 (up 700% since)) 

OVER-THE-COUNTER BULLETIN BOARD (OTCBB )
CGLD @ .668 (Huge volume breakout, broke and closed above .65 resistance (now support?), I don’t like that gap).
DPDW @ .11  (Looks like it’s in the beginning stages of a breakout…..still to early to tell).
MOVT @ .0006  (Looks like a POS but watch it.)

NASDAQ
CSAR @ .08 (Downtrend broken, volume breakout continues to increase.)

NYSE
KFN @ .611 (Volume breakout, also looks like downtrend line may be broken.)