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Strategies & Market Trends : Charts on Near Term Uotrends

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To: RockyBalboa who wrote (1154)6/26/2009 12:10:30 PM
From: Jibacoa  Read Replies (1) of 1404
 
BORL Yes, this is the 3rd UG since the largest 1st one on May 8th and that one was on a volume of 22,644,700 <g>

bigcharts.marketwatch.com

The stock is off its medium term DT and should be able to test the resistance $1.80

bigcharts.marketwatch.com

This is the second month that the stock has been moving up on large volumes, but still not like the 56,103,448 traded on Feb2007 which was a down month.(The stock is not yet off from its longer term DT coming from its Jan 2002 at $18.40 <g>)

bigcharts.marketwatch.com

The stock has been helped lately with some good news
finance.yahoo.com

It is still trading below its cash/shre, and around 0.53P/S but it has a pretty good -CF <g> The institutional following is good.<g>

Bernard
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