One penny stock that is worth watching next week is PBMD. The stock is consolidating and has potential to go higher because a possible triangle pattern is forming. I’m still waiting for some positive confirmation signals before I trade this stock. If the stock drop further and break the possible triangle pattern, then I won’t touch this penny stock.
Here are a few penny stocks to tomorrow. All of them are trading around the support level, consolidating, or bounce off from support. These penny stocks needs a bullish day with good volume to make them worthwhile. Again, the goal is to make a quick 5% gain or more, and not for long term investing. Refer to my penny stock trading strategy if you are new to trading.