Penny Stocks On The Move - ADL, FCSE, NXXI

• ADL Inc.(ADL): shares of the cancer test maker rose for the fourth straight session with 10.8% gain to $3.38 per share as its subsidiary is planning to sell anticancer drug in China. The technical chart shows possible rally as K line has rose above D line. However since the stock overall is still weak as MACD is still below 0, wait and make sure the stock can break above 200 day moving average to start buying. [Hold]
• Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company rose 9.75% to $1.35 per share despite no major news announcement. The technial chart shows possible new rally as K line is back above D line. However the stock overall is still weak as it is still trading below 50 day moving average and MACD is still below 0 so this is not yet the time to buy the stock. Now that the stock is back at 50 day moving average do watch for possible selling pressure. [Hold]
• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker gained 6% to $1.91 per share after the company reported rise in revenue for the second quarter. The technical chart shows this is the time for a new rally and K line is about to rose above D line again. In addition as the stock is still above both 50 day and 200 day moving average with MACD still above 0, we should expect the rally to start very soon. [Buy]