Penny Stocks On The Move - ADL, GV, PRGX
- ADL Inc.(ADL): on Monday we gave the Tustin, CA based cancer detection products maker a Hold rating as the stock is at a critical point. Today the stock rose 9.52% to 46 cents per share and has broke the downtrend with KD keeps rising. The stock should keep going up at least till it hit the resistence around 50 cents per share. [Accumulate]
- Godfield Corp. (GV): shares of electric service company gained 9.77% to $1.46 per share. Now that K line is on top of D line the stock should be expected to go higher. However since MACD is still weak there will be some pressue at 50 day MA or $1.5. [Accumulate]
- PRG-Schultz International Inc. (PRGX): shares of the Atlanta, Georgia based accounting services provider surged 14.28% to 40 cents per share. The technical chart shows the stock is rising as K line is on top over D line showing buy signal. However unless the stock can break above 50 day moving average, don't expect too much going from the stock. [Hold]
posted by Stock Geek at
12:13 AM
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