Technical Penny Stock Watchlist for Friday 4-24-09

Posted on April 23, 2009 by Penny Stocks Picker

Top penny stocks for the daily penny stock watchlist.  Today’s list of penny stocks cover bottom bouncers, bottom busters, high volume gainers, price gainers and bullish candlestick patterns.  I expect you will find at least one good penny stock on this list that will intrigue you to conduct more research.       

Penny stock watch for Friday

GNTA @ .0064 (Closed up 18% on strong volume.  Looks like we either found a bottom or it’s just a temporary bounce.  I might just toss a couple bones at this around .0064 (placing a limit order only after morning volatility and waiting for confirmation) but if it breaks .0060 then I’m gone or out.)

MDFI @  .001 (Closed up 66% on strong volume.  Some chatter on Yahoo and Investors Hub Bulletin board.)

IFDG @ .042 (Trending up steadily.  New 52 week high.)

AAGH @ .006 (Bullish piercing line candlestick pattern, looks like bottom bounce off .0047 support, closed at HOD.)

CBAI @ .0057 (Gap up today on news, possible bottom bounce, looks like recent downtrend line was broken today.)

MDMN @ .0165 (Closed up 94% today on strong volume.  Last three candlesticks formed a bullish three outside up pattern, today’s candlestick pattern was a white closing marubozu. Lots of chatter on IHUB.)

Re-Cap:  Yesterdays suggestion NSPT closed up 42% today.

Comments (2)

 

  1. exercise plan says:

    Thank you……

    Noble place of duty, handy blog, thank you on behalf of your be successful, keep on, guys!…

  2. stathread says:

    What ever happend to ARSCE.OB

    BTW GNTA is going to split in the future, so your right about the bottom bounce.

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