Penny Stock On The Move - NGRU, TGC, NXXI

• netGuru Inc. (NGRU): shares of Yorba Linda, CA based collaborative software maker rose 9.47% or 5 cents to 52 cents per share as the stock continued the volatile move in which the stock went from 58 cents on Thursday to as high as 97 cents per share on Friday before came back to 48 cents per share yesterday, a 50%+ swing for each trading session. The technical chart shows the stock is on still weak as it is still trading below 50 day and 200 day moving average while K line is falling below D line. The only positive signal is MACD where the signal line has been rising and is about to break above 0. The coverage on the stock began on February 23 at 46 cents per share and the stock has since gained 13.04%.
• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 14.29% or 12 cents to 96 cents per share. The technical chart shows the stock is on a very strong bull market as the stock is trading above 50 day and 200 day moving average with both moving average moving up while KD line and MACD line also showing buy signal as K line is on top of D line and MACD is on top of 0. All the positive sign shows this is a great time to buy the stock. The stock was covered in early February at 91 cents per share.
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition product maker soared 14.74% or 23 cents to $1.79 on new deal last Thursday with Albertson. The technical chart shows the stock is on a strong bull market as stock is trading above both 50 day and 200 day moving average while MACD is above 0 and K line is on top over D line, all showing buy signal. possibility of new rally as the stock bounced up after dropping back to 50 day moving average as both 50 day and 200 day moving averages are both pointing up. In addition K line has just crossed on top over D line showing strong buy signal as ROC is at oversold level. The stock was first covered on January 14 at $1.18 per share and has since gained 51.69%.