Buy Alert - BPUR, SPAB

Time to Buy Althogh the market is a bit weak today, some of the penny stocks still managed to finish higher. And from the penny stocks which went up today we found two stocks which could have major rally coming as the technical chart show great buying opportunities. Here they are:

• Biopure Corp. (BPUR): the stock hasn't changed much for the past 52 weeks. However since the begining of the year the stock has show sign of recover as it has reversed the downward trend and began to go north. Moreover when the Golden Cross was formed in early April, we have been expecting the major rally. However the weak market in May drove the stock down a little bit and delayed the rally until today when K line is set to cross on top of D line and MACD and signal line are ready to cross above 0. In addition as stock is just back above 50 day moving average and ROC has just rose above oversold level, now is probably a great time to buy the stock.
• SPACEHAB Inc. (SPAB): we are alsio giving the buy alert to the Webster, Texas based space services provider. After a long slide which began in mid 2004, the stock is due for big turn around as it has began to turn north since March of this year. In addition with Golden Cross formed in late May we can be pretty sure the stock is heading for a major rally. Although the weak market in June has send the stock bak near 50 day moving average, now that K line is about to cross on top of D line with ROC still at oversold level and MACD still above 0, the next bull run is coming.