A strong chart climbing from a penny to 9 cents over the last year, BUCS is holding the majority of the gains in the area of 7 cents presently. A solid support is set at 6 cents with minimal resistance to a breakout point back at the old highs. Business Continuity Solutions, Inc. (BCS) is [...]
The Axcelis Technologies, Inc. (NASDAQ:ACLS) chart is in a long-term downtrend channel. The chart has tried several times to breakthrough and end the trend to no avail, but is once again positioned with holding a new support and looks to try and be climbing. Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides innovative, high-productivity solutions [...]
The AOB stock chart is hitting the watchlist to hold support at $1. With the stock closing at $1.04 of Wednesday, a close stop-loss is available with resistance in front at $1.05 and $1.13, but not again until near $1.30 which provides a substantial upside for technical traders. Volatile market conditions warrant a close watch [...]
The RTG Ventures stock chart pushed on resistance at $0.0175 recently, but has since slid back mildly to $0.015. With support sitting just below at $0.014, technical traders will be looking for bullish trendlines and moving averages to be held and another possible move towards the resistance and top-shelf resistance at 2 cents. RTG Ventures, [...]
The CSUN stock chart is a classic double bottom candlestick pattern with support at $1.50. The last time the chart bounced off this level all the way up to $2.25, representing a 50% climb. Technical traders will be watching closely for a potential similar bounce this time. China Sunergy Co., Ltd. (NASDAQ:CSUN) is a specialized [...]
The IMGG chart will stay on radar as long as the strong support at 8 cents holds. The indicators are once again pushed to positions where they could turn bullish, but the resistance at 9 cents must fall as well as a hold above the 50 day simple moving average as the stock chart tries [...]
The Smart-tek stock chart has been making higher-lows and higher-highs for many months and developing a nice upward channel. After a large retrace from the last move which took the share price as high as 15 cents, the chart is hitting the watchlist to hold above the support at a nickel and possibly challenge the [...]
The Inhibitex stock chart could be an inverted head and shoulders in the making. The pps is sitting on support at this point and possibly making the right shoulder. Technical traders will be watching for this support level to hold with resistance in the upper-$3.60′s. Inhibitex, Inc., is a biopharmaceutical company focused on developing products [...]
The GCHK stock chart is making a classic rounded bottom at the moment. The short-term moving averages are moving upwards and breaking through the 50dma while the MACD is trending back towards (and now breaking through) the zero line. Technical traders will be watching the resistance at $0.0024 and support in the area of $0.002. [...]
Due to the increase in volume yesterday, the ELRA stock chart is hitting the watchlist. At these levels, gains (and losses) can come quickly, to technical traders will be watching the described support and resistance levels closely and to see if volume stays strong. Elray is an established Global Online Gaming entity which owns and [...]