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Sunday, January 07, 2007

Penny Stocks On The Move - CVM, ONT, TAG

  • CEL-SCI Corp. (CVM): share of the Vienna, Virginia based bird flu vaccine enhancer maker rose 3 cents to 62 cents per share. The technical chart shows the stock is probably back to uptrend and with KD rising we could see possible rally coming for the stock. However since the overall trend is weak as 50 day moving average is below 200 day moving average, pay attention to the stock as it is near 50 day moving average. [Accumulate]
  • On2 Technologies Inc. (ONT): shares of video codec software maker soared 6.25% to $1.36 per share as the company will demostrate new Web 2.0 related video technology solution. The technical chart shows the stock is in a strong bull market with 50 day moving average is on top over 200 day moving average with MACD above signal and K line above D line. The stock should continue to go up for a while. [Buy]
  • Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began last August at 71 cents per share. So far the stock has gained 67.61% at $1.19 per share and on Friday shares rose 8.18%. The stock is in bull market with MACD on top of 0 and K line on top of D line showing buy signal. In addition 50 day moving avearge is on top over 200 day moving average showing bull market sign. This is a perfect time to buy the stock. [Strong Buy]

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