Been outperforming SOXX the semi-conductor industry. Closing with a hammer.
Trade is now closed. Check entry post for further details.
Accumulating at gap fill in very oversold territory. First target $15.30
Ascending triangle getting to breakout or breakdown point. Last 3 days have had higher volume.
There are rumors among major shareholders that Soul And Vibe (SOUL) is interested in selling. I think a deal may already be in the works.
Marvel is out of 9.55$ , the last support line. The next step without bad news is 10.91$ . I am long but have a stop loss at 9.55 $ if i am wrong. The stochastic slow strategy is stable and the percent profit is high at 60 Days calculation.
Technical action indicates a move higher, chewing through resistance over time just overhead and working up to the $14.50 heavy resistance area. Tim 2:28PM EST, Aug 16, 2012 note: I saved this chart last night, but with CSCO's earnings up I thought it would make this stock gap-up.