GigOptix (GIG)

[bud_fox]

There are several excellent chart sites. Take a look at stockcharts.com. Look at the GIG chart. If you'll notice in mid to late October last year, the 50 day average was a resistance point. It would break through and then settle below. Once the PPS gapped up above the 50 the price basically traded above the 50 until recently. Then look at Feb 8 of this year. The PPS gapped below the 50 and the recent selloff occurred. Charts tell excellent stories.