Penny Stocks On The Move - BSML, SOFO, VRA

• BriteSmile Inc. (BSML): shares of Walnut Creek, CA based teeth whitening company surged 17.35% to $1.42 per share on Friday no news announcement. The technical chart shows possible rally as K line is back above D line. However since stock is still very weak with MACD below 0 and stock trading below 50 day and 200 day moving average, pay attention as the stock is approaching 50 day moving average. [Accumulate]
• Sonic Foundry Inc. (SOFO): shares of digital media applications maker rose 7.47% to $4.17 per share. The technical chart shows the stock is back to new rally again as K line is on top of D line. Now with stock also back above 50 day moving average and MACD also about to be back above 0 we should see more upside from this stock. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]
• Viragen Inc. (VRA): after plunging to new record low of 2 cents per share on Wednesday due to debt restructuring, shares of Plantation, Florida based biopharmaeutical company on treatment of cancers have been on a huge comeback, gaining 300% in three days to 8 cents per share on Friday. The technical chart shows the stock is back to rally as K line is back on top of D line. However since stock is still weak as MACD is below 0 and stock is still way below 50 day and 200 day moving average, be careful as the stock as the stock is approaching 50 day moving average. [Accumulate]