Penny Stock On The Move - CAU, CHTR, GV
- Canyon Resources Corp. (CAU): shares of the Golden, Colorado based gold mining company surged 8.33% or 10 cents to $1.3 per share on rising gold price. The technical chart shows the stock is in strong bull market as the stock is trading above 50 day and 200 day moving average with both moving averages going up. In addition MACD and KD show buy signal as MACD is above signal line and K line is on top of D line. The stock was initially covered on May 11 at $1.21 per share. [Buy]
- Charter Communications Inc.(CHTR): shares of cable tv operator jumped 8.57% or 9 cents to $1.14 per share as the company begins to offer new business bundle for customers. The technical chart shows the stock could be heading for rebounding rally as K line has just crossed on top over D line while ROC is still near oversold level. The stock overall remains weak as MACD ans signal line are still below 0 and the stock is still below 200 day moving average. The stock was first covered on February 6 at $1.17 per share. [Accumulate]
- Goldfield Corp. (GV): shares of Melbourne, Florida based electrical construction and maintenance services provider soared 13.84% or 22 cents to $1.81 per share. The technical chart shows possibility of new rally as stock has bounced back up after touching 50 day moving average. Moreover KD show buy signal as K line has just crossed on top of D line while ROC is still at near oversold level. However MACD show weak signal as MACD is below 0 and signal line is right around 0. [Accumulate]
5 Comments:
Nice going nice moves.
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