Penny Stocks On The Move - UDW, WAVX
- US Dataworks Inc. (UDW): after rising 6.67% to 64 cents per share, the Houston, Texas based company is showing positive signals from the technical chart as the stock is back above 50 day moving average. In addition KD shows buy signal as K line has just crossed on top over D line. Although MACD is a bit weak as it is below 0, few more days of positive ending and MACD should show bull market sign again. [Buy]
- Wave System Corp. (WAVX): shares of the hardware based digital security services provider rose 6.3% to 67 cents per share. The technical chart shows the stock was up as bargain hunter saw the stock at discount as ROC is at oversold level. However MACD show weakness as both MACD and signal line are below 0. Although K line is still below D line indicating negative signal, K line is getting closer to D line and has the chance to crossed again on top of D line. [Accumulate]
posted by Stock Geek at
11:45 PM
4 Comments:
Fine stocks
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