Best penny stocks to have owned this week
Shareholders of Genta Inc (GNTA) have had a stellar week if they managed to get in at the support levels around $0.42 just two weeks ago. GNTA is a fine example of a penny stock trading at a resistance level and finally breaking out to some amazing short term gains. After bumping up against the 50c resistance for the better part of two weeks, the move occured on the 6th of this month as a high of $0.52 was hit. This was the signal that we often watch for, a break over resistance. What followed was an impressive run which is still going on today. Last at $0.85 (+16%), GNTA is a 100% gainer from the support level.
Notable stocks for this past week have been IDMI, IMHI, SCEY and EXBX. All have had over 100% runs over this past week, at this stage investors are urged to lock in some profits and watch for possible pull backs next week.
Never let a profit turn into a loss!
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