Penny Stocks On The Move - ADL, MZT, UDW

• ADL Inc.(ADL): shares of the medical test maker rose 8.94% to $5.12 cents per share after the company's recently acquired unit Jade Pharmaceutical Inc. received approval from Chinese regulators to sell antibiotics. The technical chart shows very bullish signal as 50 day moving average has just crossed 200 day moving average and form Golden Cross. With MACD still above 0 and K line about to rise above D line, expect the stock to head higher from now on. [Strong Buy]
• Matritech Inc. (MZT): shares of cancer diagnostic produts maker gained 8.82% to 74 per share. The technical chart shows the stock is now back to uptrend has chance to start new rally with K line about to cross on top over D line and MACD now on top over 0 indicating the stock is back to bull market. [Accumulate]
• US Dataworks Inc. (UDW): shares of the Houston, Texas based software company rose 8.33% to 65 cents per share. The stock may be back to strong bull market with 50 day moving average about to rise above 200 day moving average. The other technical indicators also show bullish sign with MACD still above 0 and K line just got back above D line. The stock should be able to head back to the 80 cents mark soon. [Strong Buy]