APDN | Another Rally Brewing On Applied DNA Sciences

APDN Stock, Applied DNA SciencesJust 10 minutes intot he Friday trading session and one of our penny stock picks, Applied DNA Sciences Inc. (APDN), is leading the OTC markets in trades. After the company announced on October 9 that 3SI Security Systems was expanding its use of the Company’s SigNature® DNA evidence marking product into 3SI smoke and dye cash protection systems used across Europe, the average volume traded trended at 1,433,039 since then. Today’s trading action on APDN stock has nearly doubled that in just the first 10 minutes pushing the gains again.

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APDN Stock, Applied DNA Sciences, OTC APDN, APDN shares, $APDNAPDN Stock Chart

Market Cap: 140.73M
Last: 0.2201, up 0.0201 (10.05%)
Volume: 2,162,144
Dollar Volume: $459,516
High: 0.225
Low: 0.20
Trades: 129
Average Trade Size: 16,761

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3SI Security Systems is a world leader in cash protection systems designed to recover stolen cash and high-value assets, apprehend criminals and deter crime. With austerity the new wordoftheyear in Europe, crime sprees of stolen cash is likely an issue better dealt with in advance.

What’s Barchart.com got to say about APDN:

Support/Resistance Levels Price Key Turning Points
Price Crosses 9-18 Day Moving Average
14 Day RSI at 80%
4 Week High
13 Week High
52 Week High
Price Crosses 9 Day Moving Average Stalls
14 Day RSI at 70%
14-3 Day Raw Stochastic at 80%
38.2% Retracement from 4 Week High
14-3 Day Raw Stochastic at 70%

About APDN Stock


Bottom Line: When we said to add APDN to the list of penny stocks on August 17, most dropped it of the list when it found resistance at the 14 cent level. Proof is in the pudding that our penny stock picks work better than any other newsletter out there and today’s rally on APDN stock is likely a beginning of another run. The stock ran to as high as .2965 in September, a 332% gain from our alert. At present, its still up 221% and stretching its legs.

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