Penny Stocks On The Move - LOUD, QSC

• Loudeye Corp. (LOUD): shares of Seattle, Washington based business-to-business(B2B) digital media services provider soared 17.5% or 28 cents to $1.88 per share. This is probably the first time that the stock went up after the stock went for a 1:10 reverse split on May 23 to $3.5 per share. However there is possibility that rally may be coming as K line has just rose on top of D line showing buy signal. The stock is very weak as MACD is still deep below 0 and the stock is deep below 50 day and 200 day moving average. [Accumulate]
• Questcor Pharmaceuticals Inc.(QSC): shares of the Union City, CA based pharmaceutical company surged 11.64% or 17 cents to $1.63 per share. The technial chart shows possibility of rally as K line is about to cross on top over D line. However the stock is still weak as MACD is below signal line and the stock is below 50 day moving average. [Accumulate]