Doug,
Have a look at BRCM:
askresearch.com
Triple-V/inverted head & shoulders forming now? BRCM is looking very ripe for a reversal here. Extremely oversold, sitting on chart support now. And way below the Max Pain point, which was 110 last time I looked.
Intraday chart suggests some stabilization, but still in a downtrend:
askresearch.com
No buy signals on the hourly chart yet (or the daily, for that matter). That said, the 25 day Bollinger band chart shows a horizontal mean, and the last candle is sitting right on the lower rail:
207.61.23.99
I think this one's very close to a reversal. Could be tomorrow, possibly a couple more days.....
RE CPST lockup: There's always a lot of noise accompanying lockup releases, but I'm not convinced that lockup release no matter how big causes any consistent movement in any stock. I've looked at the tables on the sites (I encourage you to do so, but I've found no strong relationship). And I've followed a bunch of stocks through lockup release. Often, huge lockup releases, even when trading volume is 4 and 5 times normal, results in the stock going up! Sometimes just the opposite happens. I just can't make any sense out of it.
125kW unit would open up even more markets......and, couldn't hurt economies of scale, which is the Holy Grail here, and one of the big keys to Capstone's long-term success, IMHO.
T |
