Penny Stock On The Move - AGT, BWEB, CVM, OTD, NXXI

• Apollo Gold Corp. (AGT): shares of Greenwood Village, CO based gold mining compapny surged 14.08% or 10 cents to 81 cents per share as the company obtained the right to use a land in Mexico for future exploration of minerals. The technical chart shows the stock is in the middle of the bull market as the stock is trading above 50 day and 200 day moving with both moving average going up. In addtion ROC and MACD show buy signal as ROC has rose from oversold level recently and MACD is now on top of signal line. The coverage on the stock began on February 27 at 59 cents per share and the stock has since gained 37.29%.
• BWEB Inc. (BWEB): shares of San Jose, CA based application software maker rose 10.84% or 9 cents to 92 cents per share. The technical chart shows the stock is in a strong bull market as the stock is trading above 50 day and 200 day moving average while both moving averages are pointing up. In addition MACD and KD both show buy signal as MACD in on top of signal line while K line is on top over D line indiating market. The stock was covered on March 29 at 84 cents per share.
• CEL-SCI Corp. (CVM): shares of potential bird flu vaccine enhancer maker soared 15.2% or 19 cents to $1.44 as the stock continued the volatile trading where the stock was up 110% on Tuesday but was down 27% yesterday as the company filed bird flu vaccine enhancer patent on Tuesday. From the technical chart, although ROC shows the stock is overbought, MACD and KD indicate strong buy signal as MACD is far above signal line while K line is on top over D line. In addition the stock is trading above 50 day and 200 day moving average with the 50 day moving average going up. The coverage on CVM was initiated this Monday, April 3 at 82 cents per share and the stock has so far gained 75.61% in 3 days.
• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel technology company added 12.89% or 17 cents to $1.49. The coverage on the stock began yesterday with a buy rating as the technical chart shows possible major rally coming with 50 day moving average set to crossed on top over 200 day moving average to formed Golden Cross, a sign of strong bull market. MACD also shows buy signal as MACD is on top of signal line. The ROC however is still at overbought level meaning there's risk of short term correction.
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker gained another 9.13% or 20 cents to $2.39 after rising 7% yesterday as investors anticipate the company to ink more deals on the nutrition product. The technical chart shows the stock is in strong bull market as stock is on top of 50 day and 200 day moving average with MACD continue to stay on top of signal line showing buy signal. Another buy signal is from KD line where K line is now on top over D line. The stock was first covered on Januar 14 at $1.18 per share and has since gained 102.54%.