Thursday, January 31, 2008 10:39:58 PM
ACUS chart
I'm usually not real big on stocks under 1.00 but I changed the settings on my pincher scan tonight as most of the plays between 1.00 and 5.00 I've already looked at several times and wanted to see what was just under the 1.00 mark. I like the way this chart has set itself up and looks like it may have some potential to it. I'm adding it to my watchlist tomorrow and may consider a buy on it depending how it trades. It is a Nasdaq stock and it had a tremendous spike in volume today. Indicators are looking good coming off bottom as well.
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I'm usually not real big on stocks under 1.00 but I changed the settings on my pincher scan tonight as most of the plays between 1.00 and 5.00 I've already looked at several times and wanted to see what was just under the 1.00 mark. I like the way this chart has set itself up and looks like it may have some potential to it. I'm adding it to my watchlist tomorrow and may consider a buy on it depending how it trades. It is a Nasdaq stock and it had a tremendous spike in volume today. Indicators are looking good coming off bottom as well.
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A tornado is like a stock, it takes just the right conditions to form a huge one but once it forms, nothing can stop it!
my posts are only my opinions, nothing more
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