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May 15, 2008

Stock Promotions (05-14-2008)

By admin

Submitted by Stock Analyzer

Penny Stocks to Watch

One of our recent plays SMP from 6.50 7.00 range has done just what we hoped for in breaking its 200 MA line today and hitting a high of 8.50. I think if we break 8.50 tomorrow then we could test 8.66 for a quick in and out play but will watch for a pullback soon to maybe 7.00 range support

SMP - SharpCharts from StockCharts.com

LUMC could be in play if we can hold .15 .19 range support levels. Next resistance is .31 ahead and if broken then could test .35

LUMC - SharpCharts from StockCharts.com

CKNN a bottom watcher also here, support at .36 .30 and if we can break .44 then we could be in play to maybe .50 and then .68 ranges

CKNN - SharpCharts from StockCharts.com

MNKD a wild card play here, tomorrow will help paint a better picture for us but if we can hold over 2.50 2.35 support then we could head up slowly to fill a gap to 5.50 5.75 ranges, but a lot would have to go into moving up that high and it will not be a straight up play. I am sure it would have a few pullbacks along the way so watch the chart carefully

MNKD - SharpCharts from StockCharts.com

VDTI on watch if we can hold .05 .06 again tomorrow then we could test .11 or .17 in the short term

VDTI - SharpCharts from StockCharts.com

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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