Recent content by acinvestor

Possible Falling Wedge Here. Mild bounce higher might be in the cards.

Volume picked up to the upside. FORM unusual call option activity set up for a breakout.

Breaks out of channel and crossed both 50 and 200 day SMA. MACD and STO good. This company has no debt and about $333.2 million of cash, so they have about $6.58 a share in cash. I love the risk/reward so long as it holds above the $8.50 area and expect to see another upside move very soon.

The stock has the look of an upcoming breakout, which could next week. If you look at its technical chart, you will see a tight consolidation that has occurred this past two weeks. The stock attempted to push higher on Friday, topped at $4.20 but closed at $4.13 on over 1.28 million shares. On...