Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1238)	9/17/2009 1:59:13 PM
From: Jibacoa	Read Replies (1) of 1404

SPDE Is another stock with negligible LTD, which had been trading below BV, with insiders holding > 40%. As previously mentioned, the stock had already a good% gain in the last 2 months, but it still had plenty of room to run.<g> Today the stock had another good spike after it opened with a nice UG. The stock is still up 145% with volume now > 3,300,000 (The ADV is around 53,500) bigcharts.marketwatch.com There is no ACTAY (I think I got that right this time, but may have to check it with Paul.<g>). But since the stock traded today above its previous Hs since March 2005 and it still has resistance at the Feb2005 H of $9.92 and the Jan2005 H of $11.68 I think I will place a temporary 'target' at the DEc 2004 H of $15.20 <g> bigcharts.marketwatch.com Bernard

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