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

Free List of Penny Stocks to Watch – Friday 6-5-09

Posted on June 4, 2009 by Penny Stocks Picker

You just found the free list of penny stocks to watch daily.  This free list of penny stocks to watch is based on nightly scans prior to the next trading day.  I look for a variety of signals that may lead to continued interest/momentum in the penny stock (Including but not limited to:  News, volume breakout, price breakout, hype, consolidation, gaps, technical chart signals, psychological signals….).  I’ll identify some reasons but it’s your job to investigate the penny stock in detail and confirm an entry signal.  I don’t always have time to research each penny stock.  So, sometimes a penny stock makes it on the daily free list of penny stocks based solely on the chart.  The chart really tells the story, if you see something interesting…like a big move…you might want to research that penny stock and find out why.  Don’t invest or trade these penny stocks unless you have done your own research.  I’m just looking for the most current Hot Penny Stocks to trade, so make sure you are familiar with my philosophy and read the introduction and other articles in the educational archives.  Lot’s of hype and scams out there but still profits to be made if you know what your doing.

Free List of Penny Stocks to Watch Friday 6-5-09

OSCI @ .36  (Breakout volume and price.  Trending up.  Broke .35 resistance.)

VSGN @ .3448 (Breakout volume and price. Trending up. Broke .35 resistance but didn’t close above it.)

GNBT @ .835  (News Release today.  Another breakout volume and price.  Broke way above .70 resistance.)

XTNT @ 1.50  (Powerful move on news of conditional FDA approval.  Probably going to gap up at open.  So no overnight market orders……wait for the pullback if you decided to hop on.)

HEB @ 3.75  (News Release today.  One awesome looking chart to me.  Trending up.  I’d like to see it pull back a bit first and take a breather.)

MENV@ .01  (Hmmmm News release 3 to 1 forward spilt?????  Just coming to life on breakout volume and price today.)

EESO @ .0043 (Called this yesterday as a Potential Dead Cat Bounce .  It went as low as .0017 today and closed at .0043.  If you picked the low that would have been a 152% gain today.)

OLNK @ .0007  (Another one just coming to life on decent volume.  Could be a fluke.)

SLGLF @ .019  (News release today.  Bullish candlestick today.  Closed at the HOD on above average volume.)