Maxwell Technologies (MXWL)

[Gixene]

liggity, Maxwell Technologies Inc. (MXWL)'s technicals seem to be strong. (MXWL) broke a wedge up pattern on May 22, 2014. However, I do see resistance in the $18 PPS range. Also, the gap up between May 20, 2014 and May 21, 2014 is something to take note of. There is support in the $17 PPS range. There was a bearish candlestick pattern that signaled today, though it has not yet been confirmed. There is a lot of movement with (MXWL) and it should be interesting.

This is all short-term. Further than short-term seems strong also. It looks like (MXWL) could be forming a channel up, though I would wait until more movement before confirming this observation.

Thank you for sharing.