Sam,
TIBX is coming up on the 50 day moving average. If in, stay in and see if it'll break through. I say this because the volume is sufficient enough to help support that move.
If looking to get in, I would wait for the break out and confirm.
Money flows are improving but the acc/dist indicator hasn't shown any serious buying yet hence, the waiting for a break out to insure the move, if not already in.
stockcharts.com[h,a]dhclyiay[pb50!c20!f][vc60][iut!Lc20!Lf]&pref=G
BTW, bought HITK today. Nice break out above the 50 day moving average on terrific volume, just what you want to see.
Money flows aren't what I would like to see yet but, this is the type of reversal I like to play. I will use today's gap as my stop loss in the event things don't work out.
stockcharts.com[h,a]dhclyiay[pb50!c20!f][vc60][iut!Lh14,3!La12,26,9]&pref=G
dabum |
