Penny Stocks On The Move - BPUR

• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company surged 14.4% or 18 cents to $1.43 as the company reached an agreement to settle a fraud suit filed by SEC. The technical chart shows the stock is currently in the rally as MACD is above 0 and K line is rising on top of D line, both indicate buy signal. In addition ROC has just rose recetly from oversold level in early March. The stock is now trading above 50 day and 200 day moving average, normally a positive sign for a stock. Since covered on January 10 at 96 cents per share, the stock has gained 48.96%.