Penny Stocks to Watch by Stock Analyzer for August 26th

By admin | August 26, 2008
Rating 3.00 out of 5
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Submitted by Stock Analyzer

Penny Stocks to Watch

WEL about to break a 3 year high at 2.99 here. If broken we could test 3.50 level which was hit back in 2003. So keep this stock on watch. Support at 2.55 and 2.30 below if we dip

AIDO from our alert today had a big volume day compared to its normal amount of volume. Resistance still at .25 on the bid then possible .32 .35 ranges. Support at .16 .15 .13 below

Here is a 1 year chart showing how important the .25 break would be

TMA has to hold .30 to remain in play. If so a break of .40 on the bid would be key to testing .47 range ahead

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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