4 Cheap Penny Stocks Breaking Out into “Golden Cross” Pattern

One of the best indicators that a stock is breaking out is when it’s in a “Golden Cross” pattern.

That’s when the 50-day moving average crosses above the 200-day moving average.

It means that recent technical momentum should carry the stock higher.

That’s especially true when investing in penny stocks because their market caps and trading volumes are relatively low.

So, it only takes a small amount of capital to really get these stocks shooting higher.

Below is a list of four penny stocks that have all recently broken out in a bullish Golden Cross momentum pattern.

How much higher they can go from here is technically unlimited.

The best part is, they’re all in one of the strongest industries in the world: tech.

Here they are:

Globalstar Inc. (NYSE: GSAT)

finviz dynamic chart for  GSAT

From InvestorsObserver:

Globalstar, Inc. has a Long-Term Technical rank of 97. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 3% of the market scoring higher. In the Telecom Services industry which is number 108 by this metric, GSAT ranks better than 95% of stocks.

Trivago (NASDAQ: TRVG)

A MarketBeat article calls Trivago a “forgotten travel recovery play”. Since that date (Dec 3, 2020), it has gone from $2.17 to the price you see below today.

finviz dynamic chart for  TRVG

Greepro Capital Corp. (NASDAQ: GRNQ)

What does Greenpro do?

According to its website,

GreenPro Capital Group consists of some of the most skilled and sought-after corporate advisors in the Asia region. With proven ability to solve the most complex corporate issues, we aim to assist our clients to capitalise their values and nurture growth by providing proficient advice to maximise their value.

Shares have experienced a sizable dip recently. See the chart below for the most up-to-date info.

finviz dynamic chart for  GRNQ

MMTec Inc. (NASDAQ: MTC)

Ayrton Capital just disclosed a massive 8.56% stake in this company, according to Benzinga.

Here's a chart that shows its recent price movement:

finviz dynamic chart for  MTC

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Get All the Details on This Coin Before It Soars!

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Get The Names And Tickers Of These 3 REITs Right Now

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ELON’S FINAL MOVE​

Elon’s new AI venture promises to create 10 TIMES MORE American millionaires than Tesla did.
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Write These Tickers Down Right Now

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The 3 Titans of AI

Get ready to join the AI revolution! The unstoppable rise of artificial intelligence AI is taking the world by storm, transforming industries and reshaping the future. Excitingly, numerous companies are diving headfirst into this cutting-edge technology, pouring massive investments into AI to revolutionize their products, slash costs, and gain an unbeatable edge over the competition.

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The 3 Titans of AI

Get ready to join the AI revolution! The unstoppable rise of artificial intelligence AI is taking the world by storm, transforming industries and reshaping the future. Excitingly, numerous companies are diving headfirst into this cutting-edge technology, pouring massive investments into AI to revolutionize their products, slash costs, and gain an unbeatable edge over the competition.

But wait, there’s more! Through meticulous research and rigorous analysis, I’ve uncovered the crème de la crème of the AI world. These three mighty AI behemoths are the crown jewels of the market, primed to ride the surging tide of AI adoption across industries.

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Amazon Price Prediction

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Nvidia Price Prediction

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How to Collect "Amazon Royalty" Payouts Before the Deadline

Thanks to a little-known IRS loophole, regular Americans can collect up to $28,544 (or more) in payouts from what is called “Amazon’s secret royalty program”…
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New "Forever Battery" making gas cars obsolete​

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New EV Set to Disrupt Entire Industry

The Wall Street Journal calls it “an American manufacturing triumph.” – Will this disrupt the entire $1.3 trillion EV boom?


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Tiny TSLA Supplier To Soar

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Own This Texas Oil Stock Today

Texas Oil Stock to Benefit from Surging Gas Prices. Reveal the ticker by signing up below and you’ll receive ongoing updates from Market Junkie.



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$3.73 EV Stock No One's Talking About

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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Up to 20,000 IPOs All in One Day

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53-cent Biotech Stock with $2 Price Target

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only 53 cents.

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