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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1252)9/17/2009 2:39:14 PM
From: Jibacoa   of 1404
 
PONE has a long history of large losses, but in the last 3Qs it has been trimming its loss and the stock opened today with a small UG, after announcing yesterday that it will be presenting at the ASIS international show next week.

The stock traded today above its Aug H, but it needs to close above the resistance from its Jun17 H of $4.99 <g>

The stock is still up 21.30% on volume about 3x its ADV.

bigcharts.marketwatch.com

The stock is trying to get off from its long-term DT and with some good news, it could get to test its Nov H at $8.18 in spite of its large LTD, PONE has +CF

bigcharts.marketwatch.com

Bernard
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