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Tuesday, June 20, 2006

Buy Alert - CVM

Time to Buy The market seems to be back alive somehow today with Dow finished up 32 points, Nasdaq dropped a little bit and S&P 500 stayed almost unchanged. From the penny stocks which went up today we found one stock which could have major rally coming as the price is currently at discount but the technical chart show buying opportunities. Here it is:

  • CEL-SCI Corp. (CVM): after the big spike in early April to as much as $1.78 per share, the Vienna, Virgina based cancer and bird flu vaccine maker was back to the pre-surge price of 75 cents recently. Today the stock is alive again on heavier than normal volumn on bullish letter to shareholders. The positive comment from the company lifted the stock up 7.5% or 6 cents to 86 cents per share and even up to 92 cents per share in after hour. More enouraging news is that we are issuing buy alert on the stock as KD shows rally's coming as K line has just rose above D line. In addition the stock has rose back up after dropping near 200 day moving average showing some support at the 200 day MA. More over low ROC at oversold level should attract bargain hunters.

5 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

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