CORV as an example of many telecom stocks that are making charts similar to this one. They're popping up all over my scans lately, others include MCDTA BRCD HLIT and DIGL. I just made some nice gains in Lucent and JDS Uniphase.
The question is what will they do from here? Is this the next "hot" sector?
Your thoughts and comments are welcome.
Oh, and obviously I'm not buying CORV at this time, but I'm going to watch it as a test case because it could start making strong buy signals before the end of the week. Note the potential abandoned doji.
_________________________________________________________ Diligence is the mother of good luck. Ben Franklin (1706-1790)
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