Penny Stock On The Move - CHTR, NXXI, TGC

• Charter Communications Inc.(CHTR): the cable tv company has been doing really well recently as its rose about 100% in just two month. The stock today surged 15.65% on upgrade from citigroup. The technical chart shows the stock is still in a very strong bull market with MACD on top of signal line and 50 day moving average on top of 200 day moving average. The stock should continue to go up for the long term yet may enounter some profit taking for the short term as ROC shows the stock is overbought. Since we began coverage on the stock it has gained almost 120%. [Buy]
• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker showed sign of recovery as it rose 7.5% to $1.76 per share. The stock is now at a critical point as the stock is at 200 day moving average. If the stock can break the 200 day MA it has the chance to start new rally as K line is on top over D line. Otherwise the stock will continue the weakness as MACD is still below 0. [Hold]
• Tengasco Inc. (TGC): shares of ed oil and natural gas company moved up 6.17% to 86 cents per share. The technical chart shows bullish sign as the stock is now above 50 day MA with MACD back above 0 and K line on top of D line. This is a perfect time to buy the stock. [Strong Buy]