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Wednesday, May 02, 2007 

VOXW - Shares soared 220%

Chart courtesy of stockcharts

Shares of Voxware " VOXW "soared 220% today closing at 7.40 after the software company reported a fiscal third-quarter net profit of $685,000, or 10 cents a share, compared with a net loss of $2.13 million or 34 cents a share, in a year-ago. Revenue rose to $4.79 million from $2.68 million last year. Looking at the chart it's very difficult to predict the next movement for stock, however after this rally we must be prepare for a profit taking.

Chart courtesy of stockcharts

On the other hand shares of TTM Technologies also rose 29 percent closing at 11.83$ after the printed circuit board maker posted first-quarter earnings above analysts' expectations boosted by its acquisition of Printed Circuit Group. Looking at the chart stock touched in a big resistance at 12.20$. Indicators are now in favor of the Bulls, MACD back above 0 and RSI in Bullish territory, keep an eye on TTMI for a possible breakout over 12.20$.

Chart courtesy of stockcharts

Keep an eye on ATLS for a possible breakout over 60.25$ in the next sessions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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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