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Wednesday, December 27, 2006 

Shares of Infosonics climb today

Chart courtesy of stockcharts

Shares of IFON rose 43% to 5.56$ after the company said it has reached an agreement to distribute handsets for LG Electronics in the Caribbean and certain countries in Latin America, also the company informed that it has already received approval, certification and purchase orders from carriers in the region and will be delivering its first shipments in the coming weeks. The stock had a tremendous movement today with a huge volume, and you can see in the chart above that stock price have re-entered into the previous trading range ( 7~5 ). Support now at 5$.

Stocks trade alerts for tomorrow ( Bullish MACD crossover ) : BABY , GILD , GISX , NVTL , UNTD , MATW , MESA

That's All. Have a nice evening.



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About Me

  • 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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