Pennystockdd.com Indentifies Penny Stocks Expected to Substantially Grow Which Includes IDOI, CMGR, ESIVD, ARTS & NEGS

Online, April 17, 2011 (Newswire.com) - Pennystockdd.com indentifies penny stocks with potential of high capital gains in the coming week which includes IDOI, CMGR, ESIVD, ARTS and NEGS. The selected stocks have screened on basis of their high liquidity in the stock market. These stocks have been selected after a comprehensive screening based on technical analysis.

Pennystockdd.com selects the most profitable penny stocks after based on their detailed due diligence so that their subscribers and followers could get the most profitable additions in their portfolios.

The selected stocks have been selected on basis on high momentum and heavy traded volumes. Moreover major technical analysis indicators such as moving averages, MACD (Moving Averages Convergence Divergence) and Relative Strength Index are also favoring the respective stocks' movements. A brief overview of the stocks is as below:

IDO Security Inc (OTC: IDOI) declined 50 percent to close at $0.0001 for the day. Its traded volume stood at 260.96 million shares as compared to its average traded volume of 143.88 million shares per day. The share price is trading at a relative strength index of 50 which depicts that the stock has considerable margin for capital gains. IDOI happens to be one of the most traded stocks and maintains high liquidity.

Camelot Entertainment Group Inc (PINK: CMGR) closed at $0.0001 with traded volume of 95.76 million shares whereas its average traded volume stands at 151.36 million shares per day. The share price is trading at its extreme oversold level as per its relative strength index of 33.33 times and have considerable margin for capital gains.

Essential Innovations Technology Corp (PINK: ESIVD) jumped 1,700 percent on Friday's trading session with traded volume of 1,094 shares for the day. Its average traded volume stands at 5,354 shares per day. Major technical indicators including MACD and Full stochastic indicator major upward change in the share price movement.

Artfest International Inc (PINK: ARTS) gained 100 percent to close at $0.0002 with traded volume of 63.49 million shares for the day. The average traded volume stands at 4.12 million shares per day. The share price is near its overbought level however the stock is expected to post more capital gains.

Nx Global Incorporated (OTC: NEGS) surged 33.33 percent to close at $0.0008 for the day. Traded volume stood at 61.75 million shares as compared to its average traded volume of 3.97 million shares per day. Strong bullish trend is indicated by major technical indicators for NEGS.

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