VASO Closes Up 38% Today

VASO (OTCBB)

Vasomedical, Inc (VASO) was pushed higher in today's session as traders and investors pushed share prices higher today after news was released late yesterday. VASO opened this morning at .075 trading 505,349 shares before closing at .09 on the day. News was released late yesterday that VASO has been issued a new patent by the United States Patent and Trademark Office.

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EPRT Up 14% Continues Uptrend

EPRT(OTC:PK)

EPRT opened this mornings session at .22 trading 1,803,453 shares closing up 14%
EPRT has been in a uptrend since last week with news announcing many positive developments concerning the company which has prompted traders and investors to push the stock price higher.

EXBX: Will It Consolidate And Hold New Highs?

EXBX(OTC:PK)

Exobox Technologies Corp. (EXBX.PK) Moved higher yesterday and appears to be trying to consolidate at previous highs from a few months ago. There is no recent news to justify why the stock has moved so rapidly the past few days. Exobox Technologies Corp., headquartered in Houston, Texas, is a network and security development and licensing company.

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Penny Stock Charts And Patterns

Learning to recognize penny stock charts with unique patterns can help traders and investors pick entry points and increasing the chance of profitable trades. Candlestick charts are probably the best choice when choosing a type of chart to use in trading and investing.

Japanese Candlestick charts have been around since the 1700's, primarily used by rice traders. These charts have grown in popularity over the years as one of the best technical analysis tools available for choosing price direction. Below, we will list some candlestick patterns and their meaning.

Abandoned Baby

The Abandoned Baby chart pattern is usually a strong bullish indicator. At the end of a downtrend, the stock increases a bearish trend with a black candle day with the second day being a gap down open on the second day. The second day candle trades in a tight range the entire session and closes near the session open. The second day shows that a struggle between bulls and bears took place with no clear winner on the day but does signal that a rally is possible.This scenario definitely shows the potential for a rally, as many positions have been changed. Reversal is confirmed on the third day by a gap opening and long white candle to the upside. This is a powerful chart pattern with very good reliability and should be considered when scanning penny stock charts.

Engulfing Bullish Pattern

This pattern will show up on penny stock charts in a downtrend. The Engulfing Bullish Pattern shows a new low at opening followed by a high that closed above the previous day, engulfing the previous day's candle. This shows in most cases that the penny stock has lost it's downward momentum and a reversal may be coming in the next session. This chart pattern on penny stock charts has a moderate chance of success.

Doji Star Bullish

When penny stock charts are in a downtrend, this pattern shows up as the selling continues and forms a long black candle and gaps down even further the second day. However, the second day is a struggle for sellers as buyers come in to buy the stock forming a doji star at the end of trading. This pattern shows that their may be a potential for a rally the next session, especially so if the next trading day shows confirmation and trend reversal with a higher open on the third day.

Candlesticks are powerful tools when used in conjunction with other indicators. Learning to identify and read chart patterns can only enhance your trading ability and enhance your skill as a trader and as a investor. Penny stock charts with candlesticks should be a tool in every traders arsenal.

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PAVCE Closes Up 115% On Late Day News

PAVCE(OTCBB)

PAIVIS, CORP(PAVCE:OTCBB) received a boost today from investors when late day news came out on the wires that Trustcash Holdings, Inc., has agreed to pay .10 per share in cash to all PAVCE shareholders, plus one share of TCHH common stock for each common share held by PAVCE shareholders. PAVCE opened this morning at .013, trading sideways until the news hit the wires, then jumping higher as investors scrambled to buy shares before the end of the session. PAVCE closed up 115% at .028 trading 10 million plus shares.

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GSPG Closes Up 3rd Straight Day

GSPG (OTCBB)

Goldspring, Inc (GSPG) after trading in the red most of the session today was propped up by late day news form Goldspring, Inc. that ore grades were thirty percent greater than the intial claims by the company. The report released today was conducted by a third party not affiliated with Goldspring, Inc. GSPG opened todays session at .0218 and closed at .0222 after trading 109,971,279 shares on the day.

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IDMI Chart EXPLODES!

(IDMI) IDM Pharma Inc

This is what we like to see here at 1000 Penny Stocks. The IDM Pharma Inc (IDMI) chart was posted on 1000 Penny Stocks yesterday after the news hit the wires that a late-stage trial of its drug reduced death by thirty percent of a rare bone cancer. IDMI has exploded up today as investors and traders jump on board pushing the stock price up over 100% today. IDMI opened at $1.10 this morning and has reached an intraday high of $2.60 in today's session.

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CHYS Up 73%

CHYS (OTC:PK)

Charys Holding Company, Inc (CHYS:PK) Has exploded upward in the last three trading sessions on good volume. There has not been any news released from the company to explain the sudden interest in CHYS by penny traders and investors. CHYS oepend this morning's session at .099 and reached an intraday high of .19 CHYS was trading bleow .05 last week.

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RENW Up 18%

RENW(OTCBB)

Renewable Energy Resources, Inc (OTCBB) is trending higher for the third straight day. There has been no recent news out of the company other than financials that were released in early Dec. The company information list Renewable Energy Resources, Inc. as an alternative energy company developing and acquiring technologies that create energy and fuel.

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MIGA Raises $3 Million For Plant Construction

MIGA(OTCBB)

Migami Inc., has successfully raised $3 million from an institutional investor, KT&G, to build a manufacturing plant for Bi-Layer Film Strip Technology in South Korea. KT&G purchased the shares at seventy cents per share. The Land and building will be provided by KT&G in one of it's facilities to build the plant. An announcement will be released on a later date for the construction schedule. Penny stock investors have jumped on the stock as a result of the late breaking news yesterday. MIGA shares are currently trading up 171% in todays trading.

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Winning Brands On A Power Run

WNBD (OTCBB)

Winning Brands (WNTB) continues it's powerful move up today. Investors continue to move WNBD up higher for 6 of the last 7 trading sessions. Winning Brands anounced last week that they were beginning operations in Europe.

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COPI Inches Higher

COPI(OTCBB)

Compliance Systems Corporation (COPI:OTC) chart shows a continued uptrend that started in late December, 2007. Having released good news since November when the company reported increased revenues, investors have jumped on board COPI slowly pushing the share price higher after having been flat-lined for 6 months.

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ISBL Continues Move Higher On Dividend News

ISBL (OTC:PK)

Ise Blu Equity Corp. (ISBL) Continues to move higher as investors push the stock price up on news released from the company yesterday that a dividend would be paid to all shareholders of record for the sale of its LGN Entertainment, Inc. subsidiary to Banx and Green, Inc. (BGGR).

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