Penny Stocks On The Move - GV, ILC, MZT
- Goldfield Corp. (GV): the stock is trading at where it was a year ago so this is probably a good time to begin buying the stock as K lin has just crossed on top over D line indicating buy signal. The stock rose 5.26% to $1 per share. [Accumulate]
- illinc Communications Inc. (ILC): this is probably one of the safest penny stock to buy at this point as major technical indicators show this stock should continue to go up. With 50 day MA on top over 200 MA, MACD above 0 and KD at high level, the stock is currently at a strong bull market. The 9.8% rise today to 56 cents per share is probably due to the strong technical trend. [Buy]
- Matritech Inc. (MZT): shares of cancer diagnostic produts maker surged 11.29% to 69 per share. The technical chart shows the stock has chance to start new rally as K line is now back on top over D line indicating buy signal. If MACD can also be back to 0 then there will be more buyers coming back for the stock. [Accumulate]
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