Penny Stocks On The Move - CHTR, FCSE, ONT, SOFO
- Charter Communications Inc.(CHTR): shares of the cable tv company gained 6.83% to $1.72 per share. The technical chart is showing a very bullish sign with 50 day moving average on top over 200 day moving average and still rising. In addition with MACD on top of 0 and K line on top of D line the stock should be keep going higher. [Strong Buy]
- Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company rose for the second straight day by adding another 6.63% to $1.77 per share. The stock is in strong bull market with both 50 day and 200 day moving average going up and MACD on top over 0. This is definitely a great time to own the stock. [Strong Buy]
- On2 Technologies Inc. (ONT): shares of video codec software maker soared 14.08% to 81 cents per share. The stock is now on the uptrend and with K line now on top of D line the stock has the chance to go higher. However the stock has to break the pressure at 200 day moving average. [Accumulate]
- Sonic Foundry Inc. (SOFO): shares of digital media applications maker surged 10.49% to $2.95 per share. The technical chart shows the stock is in a strong bull market with K line rising on top over D line and both 50 day and 200 day moving average rising. With the stock now making 52 weeks high, this may be the time for the huge rally. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]
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