Penny Stocks On The Move - CTCH, PRGX

• Commtouch Software Ltd. (CTCH): shares of Commtouch Software, an anti-spam software maker based in Israel, jumped 11.11% to 90 cents per share. According to the technical chart, the stock was up as KD is rising. Although stock is still weak with 50 day MA below 200 day MA, with the stock now above 50 day MA, it may continue to go up and test the 200 day MA. [Accumulate]
• PRG-Schultz International Inc. (PRGX): shares of accounting services provider surged 14.41% to $5.08 per share. The technical chart shows the stock has been going up recently on rising KD. The stock is now back to 200 day moving average and if the stock can continue to go higher it may be back to bull market as MACD is back above 0. However with ROC showing stock is overbought and 50 day moving average still below 200 day moving average, there's a chance that profit taking may come as well. [Hold]