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Here is a stock you may want to keep your eye on. There are two ways at
looking at this. I think the trading range with be very small for the
next couple of days. Then if this breaks the 32 level then look to buy
or buy back in the 20's. Or if the market turns very bullish then buy
at ~34.5 or higher and may test the 52 week high or make a new high.
Also, look at the volume , looks the same as the price chart.
One small note thou, I've been watching NOVL, CPWR, & BMCS for the past
couple of days. Today was a very clear sign of what big traders were
doing. These stocks would go up on small trades (100,200 share) about
1/2-3/4 of a point, then big trades were getting out below the bid. So
may have more selling than buying.
TradeWell,
Joe Frabosilio
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