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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1242)9/15/2009 10:07:14 PM
From: Jibacoa   of 1404
 
SCON also had a good spike today.<g> It has moved up for 4 days on a roll in spite of having reported lower revenues and higher losses for the past 4Qs.

The day's H was a penny below the H on Jul30, the day of the most recent previous spike, and the close was also a nickel lower. but today's volume was about 150Ks larger.<g>

bigcharts.marketwatch.com

SCON doesn't have significant LTD and in March it received an order worth around $4.1M from the US Air Force for its SURF program.

At the time of the spike on Jun 9, the stock traded as high as $5.45 and volume of 796,500 was significantly higher.

With some good news the stock could get to test its Jan 2008 H around $6.80 But the 2004 and 2003 H of $74 and $76 ns now ahead by one run, I think I will keep a closer look at the game.<g>too far away at present. (Not to mention its 200H around $1,150 <g>)

bigcharts.marketwatch.com

Well,I see that the Marlins and the Cardinals that had been scoreless in the first 5 innings, decided both to score on the 6th and with the Marlins now ahead by one run, I will keep a closer look at the game.<g>

Bernard
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