Which penny stock is poised for a breakout?

Based on your interest in identifying penny stocks poised for a breakout, we should focus on those with strong technical indicators. Here are the criteria:

1. Low Price
   • Closing Price < $5
2. Positive Moving Averages
   • Closing Price > 5-Day Moving Average
   • 5-Day Moving Average > 10-Day Moving Average
   • 10-Day Moving Average > 20-Day Moving Average
3. High Volume Activity
   • Volume Ratio > 2

Initially, no results were found that meet all these criteria. However, by adjusting the parameters to more reflective of stocks with potential for breakout, we should revisit the search to find potential candidates.

Given the refined criteria, we should expect to find penny stocks with the following characteristics:

1. Favorable Moving Averages
   • Short-term moving averages above long-term moving averages indicating upward momentum.
2. Strong Volume Activity
   • High volume ratios suggest significant interest and potential for price movement.
3. Low Price
   • Penny stocks with prices below $5 are eligible, focusing on those with technical strength.

By applying these indicators, we can identify penny stocks that are currently showing strong technical signals, which may indicate a potential breakout.