Shearson Financial Network (fka SHSNQ)

[smartmoney77]

Circle, the trend is still our friend here and we seem to be testing the 200dma a lot more than the 50dma right now and have very strong support at 50dma anyway.

The current trend plus the impending golden cross also add to bullishness here. Nobody knows for certain which direction this will break but there are more factors in favor of an upward break.

Seems to me that it is getting tighter and tighter. Plus we have good fundamentals.

Of course if you are worried by all means protect your capital and sell.