Review Of US Penny Stock Movers Last Week

TQNT is testing breakout point at $6.82. Next target is $7.23 or $8.00 on breakout. Stock has been bouncing off a rising 200D MA for 3 months.

Somaxon Pharmaceuticals (SOMX: 3.24 0.00 0.00%)

Somaxon finally broke out on high volume on Friday after last call. If the stock pulls back, trade when it pulls back along the 13D MA.

Netlist Inc (NLST: 4.15 0.00 0.00%)

NLST seems to have found a temporary bottom and reverse the downtrend. However, volume is low and rebound seems weak. On weekly chart 2, stock has bounced off the 26D MA. Technically, mid term is still in uptrend, but we have to observe how the stock progresses from here to determine a setup to trade long. This is one of my favourites 10x multibagger stock in 2009.