Small Cap Stock Picks Technical Analysis: 8/13/08
August 14th, 2008 by Cameron FousTest Drive our Stock Picking Service forĀ A 14 DAY FREE TRIAL!!
Small Cap Stock Pick : ???
This stock has treated us very nicely in the near past for some huge gains and looks like it could pay us off well again as its still looking very strong after its recent earnings release as well as rallied over 9% today as the Dow dropped over 100 points signaling a lot of strength in this stock. Price action is following the bullish trend of the 13ema as well as breaking out from a short term ascending triangle Wednesday. I alerted members to go long at early wednesday morning and price closed at 3.22. Ideally we would like to see price run to the next resistance mark around 4.50/share which relays a possible 46% gain here. I have a feeling we will see some stabilization in the market thursday if not a rally…. Guess we’ll see
Technical Analysis:
Tags: small cap, stock picks, Technical Analysis




