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Monday, November 06, 2006 

PMCS - Trade Alert " Breakout "

Chart courtesy of stockcharts

Today, PMCS broke out of an ascending triangle stock chart pattern on strong volume. I will be keeping this stock on my watchlist tomorrow and next week for swing trade opportunities, the chart is overall Bullish, MACD above 0 and RSI in a Bullish area.

Stocks to watch tomorrow : RNWK ( +4% after Hours, reported a sharply higher net profit).

That's All. Have a nice evening !!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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