High volume penny stocks that are undervalued and over sold with bullish signals

The search for high volume penny stocks that are undervalued, oversold, and exhibiting bullish signals is a challenging task, but there are some promising candidates that could meet these criteria. Here are the key characteristics to focus on: 1. **High Volume** - Penny stocks with high trading volume are more liquid and less likely to experience significant price swings due to a lack of trading activity. 2. **Undervalued** - Look for stocks that are trading below their intrinsic value, which could be indicative of market inefficiencies or temporary setbacks. 3. **Oversold** - Stocks that are currently experiencing a decline or are near historical price lows may be oversold, potentially setting up for a rebound. 4. **Bullish Signals** - Technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and KDJ can help identify stocks that are showing signs of a potential reversal. Given the specific criteria, the initial search did not yield any results. However, based on relevant information, here are some potential candidates: 1. **Cronos Group (CRON)**: - It is considered an undervalued cannabis penny stock. - It has shown a 41% trend higher in the last six months. - It has a strong cash buffer of $862 million, which could be a sign of financial stability and potential for future growth. 2. **Pineapple Energy (PEGY)**: - Trading under $0.25, Pineapple Energy is one of the lowest-priced stocks with high trading volume. - It has a consensus rating of "Buy" and a significant upside potential based on the consensus price target. - The company is engaged in the sale and installation of photovoltaic solar energy systems, which could be a growth sector. 3. **IAMGOLD (IAG)**: - As a gold miner, it benefits from the recent upside in gold prices. - It has positive business fundamentals and a robust growth outlook. - It reported a liquidity buffer of $1 billion, indicating financial stability and potential for growth. While these stocks may not be perfect matches for the initial criteria, they do show potential based on their recent performance, market position, and financial health. It's important to conduct thorough due diligence and consider the risks associated with penny stocks before making investment decisions.