Sometimes its the most basic looking charts that perform best. A nice run-up on this one this month with prices now consolidating into a nice little falling wedge. The target for this one is somewhere in the 9s. Wait for a breakout of the wedge (above 8.40) before pulling the trigger. Below the wedge support line negates this bullish set-up for now.
the prices might fall down before doing a Retracement to a certain level.the company did well during June with revenues.the stocks can further decline to 7.80 to 8 before it picks up buyers attention.the rsi is well below the level of oversold conditions where there might b a pump from the market .this stock is for long term buyers as it can help short term buyers...
This ones going down with some bad debts on short. Enjoy the slide, chutes and ladders game today.
May be an early sign for upward swing. Expected earnings date of January 19 at $0.07EPS may entice further upswing.
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