Going Long
By Brett Goldstein on Mar 02, 2007
K
It was kinda hard to find some good looking charts but i managed to pluck one out. I recently went long in SMSI. There is resistance around 17 so watch for that break. The down trendline broke yesterday by huge volume. This is what i like to see. The MACD is riding over 0 and it is not near overbought. I pulled the trigger on the breakout and will watch closely. Good Luck
This entry was posted on Friday, March 2nd, 2007 at 8:39 am and is filed under Annotated Analysis.
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