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Non-Tech : Emcore Corporation (EMKR)

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To: Rock_nj who wrote (518)4/16/2008 5:37:02 PM
From: Hawkmoon  Read Replies (2) of 640
 
I repurchase some of my original position today (and have been sweating it all day long. ;0)

I'm watching very closely how that Bollinger Band pinch resolves itself. It has great potential to break to the upside and lead us up to the $10/share range. The stock successfully held above the downtrend channel for the past several days, but we need a break above the 30 day MA at $7.56/share to be really comfortable for an uptrend:

bigcharts.marketwatch.com

Hawk
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