Penny Stock On The Move - ADL, CYTR
- ADL Inc.(ADL): shares of the cancer detection products maker soared 23.95% to $4.71 per share. The technical chart shows the stock is about to be back to strong bull market as 50 day moving average is about to cross on top over 200 day moving average. In addition MACD is still above 0 showing the stock is still in bull market. The stock should continue to go strong for the long run. [Buy]
- CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25. Today the stock soared 21.37% after the company's drug receives orphan status from European Commission. The technical chart shows the stock is almost about to be in bull market with 50 day moving average ready to cross on top over 200 day moving average. In addition with K line rising on top over D line new rally may come as well. [Buy]