Penny Stocks On The Move - CVM, FCSE, ISIG, UDW

• CEL-SCI Corp. (CVM): after we issued buy alert on the Vienna, Virginia based bird flu vaccine enhancer maker yesterday, the stock surged 9.3% or 8 cents to 94 cents per share today. The technical chart shows the stock could still go higher as K line is rising on top of D line indicating buy signal. In addition ROC is still at oversold level and could attract bargain hunters. However the stock is still in bear market as MACD and signal line are still below 0. Based on current trend the stock may go till $1 per share or the 50 day moving average before facing the next resistence. The coverage on the stock was initiated on April 3 at 82 cents and the stock has since gained 14.63%. [Accumulate]
• FOCUS Enhancements Inc. (FCSE): shares of the Campbell, CA based video technology company rose 6.74% or 6 cents to 95 cents per share. The technical chart shows the stock is in a rally as K line is continuously rising above D line. However now that the stock is back near 50 day moving average the buyers need to be more cautious as the stock is still in bear market as MACD is still below 0. [Hold]
• Insignia Systems Inc. (ISIG): shares of Maple Grove, Minnesota based advertising service company for grocery retailers rose 5.95% or 10 cents to new 52 weeks high of $1.78 per share. The technical chart shows the stock is in a strong bull market as MACD is on top of signal line K line is on top of D line, both indicating buy. In addition the moving averages also show positive sign as both 50 day and 200 day moving averages are pointing up. However now thatROC is approaching overbuy level there may be chance of correction. The coverage of the stock began in early June at $1.4 per share and the stock has since gained 27.14%. [Accumulate]
• US Dataworks Inc. (UDW): shares of the Houston, Texas based software company soared 15.63% or 10 cents to 74 cents per share on new partnership with Online Resources Corp. (ORCC), a provider of financial technology services. The technical chart shows the stock is back to bull market as the stock is back above 50 day moving average while MACD is about to be back above 0. In addition KD show buy signal as K line has just rose above D line. [Strong Buy]