The Martin Luther King Jr. holiday proved to be a nice reprieve from trading - stocks are up in the first few minutes of today´s market action. And while the markets´ closure kept us from running our normal watchlist on Monday, it certainly hasn´t kept us from finding some very interesting plays for the rest of this shorter-than-normal week.

Last week was no slouch either - while major indexes like the S&P 500 slid around 1% in the last five trading sessions, our breakout watchlist averaged 11.15% gains. And while that doesn´t sound like a huge number, remember that we´re talking about 11.15% in just five trading days! Gains like that are enough to turn $1,000 into a compounded $243,945.20 in a single year...

So, that said, let´s try to deliver some more solid gains this week.

In case you´re not familiar, each week, we take a look at a list of penny stocks that are exhibiting abnormal volume, strong technicals, upcoming news, or another catalyst that suggested they might be making a material move in the coming week.

Read the original story at Penny Sleuth :: Jonas Elmerraji