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Thursday, April 05, 2007

Penny Stocks On The Move - MDII

  • MDI Inc. (MDII): shares of the enterprise security software maker soared 30% to $1.43 per share. The stock is in a very strong bull market with 50 day moving average on top over 200 day moving average and MACD above signal. In addition KD indicates the stock is still in rally as K line is on top of d line. However with ROC is showing the stock is slightly overbought, do expect some profit taking. However when the sotck drop back it is always good time to buy. [Accumulate]

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