Penny Stocks to Watch by Stock Analyzer for August 28th
Submitted by Stock Analyzer
Penny Stocks to Watch
I still am liking WEL to see if we can test that 3.00 range. We hit 2.94 today and could see another .05 to .10 raise tomorrow. 20 MA line sitting at 2.60 for support now
WTER showing a dragonfly doji candle today and a base now forming at .50 levels and could turn up to test .56 .60 or .65 ranges ahead. MUST hold .50 to remain in play
DPDW a nice play in our chat room from .50s and .60s now hit .72 high of the day at close and could see .76 levels next up. Support at .60 must hold imo to remain bullish
EAT a stock that gapped down today but closed up near its high of day could see 19.50 if we get favorable market conditions tomorrow. Must hold 17.14 to remain in play
Lastly a solar stock that has good potential here imo is BSRC. This chart to me says a lot….after a long downtrend we are now trading SIDEWAYS or in “consolidation” phase. If we can hold .32 support levels and break above .39 which is the 50 MA line then we could see .47 pretty quick on this stock.
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