Penny Stocks On The Move - ADL, BWEB, MDII
- ADL Inc.(ADL): after trading between $2 to $3 for three month, the cancer detection products maker finally is on the break out today as it soared 28.28% to $3.22 per share. With MACD now on top of 0 and K line on top of D line the major rally of the stock may be finally coming. [Buy]
- BackWeb Technologies Inc. (BWEB): the stock is still in very weak market as 50 day moving average is still declining and MACD is still below 0. This is not yet the time to buy the stock although the stock rose 6.25% to 34 cents per share. [Sell]
- MDI Inc. (MDII): the stock is still weak as 50 day moving average is still falling and MACD is still below MACD. The stock has build a support around 40 cents and 50 cents recently and do has the chance to go up. Any breakout above 50 day moving average will be positive sign. The stock today rose 6.12% to 52 cents per share. [Accumulate]
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