Penny Stocks On The Move - ATA, FCSE, IIP

• FOCUS Enhancements Inc. (FCSE): after almost an year and half finally we have another research firm begins paying attention to the digital media company. The firm, Roth Capital, began coverage with a buy rating and is the third research firm to cover the stock. The news lifted the stock 9.69% to $1.02 per share. The technical chart shows this is the time to place your bet here as many technical indicators show buy signal. MACD and the signal line, for instance are back above 0 indicating Strong Buy signal. Another one KD show buy signal as K line is again on top of D line. In addition the stock is back above 50 day moving average again - another positive sign. As ROC is still low we are recommeding a heavy buy for the stock. [Strong Buy]
• Internap Network Services Corp. (IIP): nothing really is igniting the Friday's 7.45% surge of the Atlanta based business network solution provider except ROC being at oversold level and KD at low level probably attracted bargain hunters. The stock hss trading in between 50 day and 200 day moving average since June so the stock still may go either direction. The MACD show weak signal as it is below 0 if the stock is to go up next week it would be due to bargain hunting. However for buyers who can take risk for bigger reward, this is the time to get in. [Accumulate]