Archive for February, 2012.

The stock gave us a small move today, which could be the start of a bigger move. If the stock can break through the 50-day MA at $2.49, we should see a strong follow through move. This move would break the short-term downtrend, and should drive the stock back towards February highs. In addition, The daily chart shows possible new rally as %K line has crossed on top over %D line while ROC is still at oversold level. Keep watching CIS for a bigger move soon.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

 

The stock cleared resistance on expanding volume and looks ready to extend it’s gains. Keep on watch list.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

Diversify your portfolio

posted by tony
file under Popular posts

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