Penny Stocks to Watch by Stock Analyzer for October 14th

By admin | October 14, 2008
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Submitted by Stock Analyzer

Penny Stocks to Watch

WOW what a day! The DOW up over 900 pts and the Nasdaq almost 200 and we had 61 traders in our stock chat room! If you have not come in yet then be sure to click on the RED “Enter Chat” Button on the upper left area of the stockhideout.com homepage and come see all the great calls intraday and longer term swing trades!

A few stocks to radar as the week goes on.

FNM if banks are helped then FNM, FRE, AIG all could have nice weeks! FNM right now has resistance at the 20 MA line at 1.21 then todays high of 1.30 followed by possible 1.50. Support at 1.08 1.00 below.

XSNX a nice day also as Solar stocks could be heating back up. Support at .185 with resistance at .25 .27 .30 .31 .35 ahead.

BSRC also a biosolar stock up 22% toady with resistance at .31 .34 ahead. Support at .18 and .15 if we dip.

RNVO hit .002 today but didnt break. Closed at .0017 which is above our .0015 support levels. To move forward we still need to crack .002 on the bids and if so then watch .0025 up next.

NEXM if the stock can break .14 on the bid then watch .16 .18 .20 as upcoming resistance levels. Support at .11 double bottom that we MUST hold over to remain in play.

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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