Penny Stocks On The Move - CYTR, SPAB
- CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. On Tuesday the stock gained 9.8% to $2.8 per share. The technical chart shows the stock is in a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line. As K line back above D line we should see the stock keep going higher. [Buy]
- SPACEHAB Inc. (SPAB): shares of Webster, Texas based space service company soared 25.53% to $1.18 per share. The technical chart shows bullish sign as MACD is back above 0 and K line is on top over D line. In addition with stock back above 200 day moving average we should see more upside coming. However with ROC now showing the stock is a little bit overbought there could be some quick profit taking. [Hold]
posted by Stock Geek at
11:34 PM
2 Comments:
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