Trucept, Inc. (TREP)

[BlerchScraps]

OK, Gang, here's the chart for today's market close and my take on it...it's a breakout, or at minimum a sideways move at a new level after a short fall, from studying the chart. Those of us who picked up shares at the artificially-induced lower level will be singing soon, I think. Start gargling...

The share price broke through one resistance trendline and hit its head on a higher one. If it breaks through THAT one, another minor resistance level is just above, then clear sailing. It may or may not make it above that minor one tomorrow, but I think soon. Another good sign is that the Moving Average Convergence/Divergence (MACD) red blocks (negative) are getting smaller (positive). This change very often signals a positive trend change and marks bottoms, and usually comes before the fastline move up, which is a confirming signal that hasn't signaled as yet.

Buy low, sell high. Here's to the STTK longs!