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June 3, 2008

Penny Stocks to Watch by Stock Analyzer for June 4th

By admin
Rating 3.00 out of 5
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Submitted by Stock Analyzer

Penny Stocks to Watch

USEG looking like it might complete a 3 day move, resistance at 2.99 and watch for support around 2.65 2.50 if we pull back.

USEG - SharpCharts from StockCharts.com

COIN a overall downtrend but if it can hold 6.50 200 MA line support then we could see some continuation to 8.00 range ahead

COIN - SharpCharts from StockCharts.com

FEED called by J-Tea a few times in the chat room and on the board looks like if we can break and hold over 17.10 ranges then we could make a new high tomorrow once again. Must hold 16.14 imo to remain in play

FEED - SharpCharts from StockCharts.com

Stocks To put on BOTTOM Watch These stocks are meant to put on watch for possible bottoms. They have fallen recently but could give nice profit chances to those who are patient and follow the chart. I am not in either but think they may be nearing their bases

USSU showing a move off .058 recently and the weekly chart is just starting to show some bullish signs. Resistance currently at .14 .18 .20 ahead

USSU - SharpCharts from StockCharts.com

PURO lower volume than USSU and PURO also has indicators coming off bottom and support at .15 .18 below. Resistance at .31 .38 .46 but again needs some more volume to trade in and out of

PURO - 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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