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Microcap & Penny Stocks : Simtek Corporation -- Ignore unavailable to you. Want to Upgrade?


To: jonesie4jonesie who wrote (2522)7/27/2007 9:35:12 AM
From: Crony  Respond to of 2619
 
Yes,
the chart looks positive. We closed above 50 sma yesterday. If the stock goes up the 20 sma will cross 50 sma and 50 sma will cross 200 ma. Coupled with some expectation of good q4 that might result with new 52 week highs.

But very often the good setups gets broken when fundamentals change. Let's see if we can withstand the yesterday disappointing results. If we do, then we might be out of the woods.



To: jonesie4jonesie who wrote (2522)7/27/2007 11:47:43 AM
From: jonesie4jonesie  Respond to of 2619
 
Looks like SMTK bumped it's head on that downtrend line ...

... and knocked itself for a loop.

Good luck guys, as always I'll be watching for any positive breakouts in the future.

jonesie