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Thursday, 08/13/2009 2:27:44 PM

Thursday, August 13, 2009 2:27:44 PM

Post# of 346917
Could it be a pure technical explanation for this uptrend?
Just want to get some feedback on the idea that the uptrend of today is a technical one.
I you go to stockcharts.com and put in spng you'll notice that the stockprice is bouncing of the 50 MA
also the SAR is just not touched.
The PPS is bouncing of the 50 MA and that's a good sign, especially with low volume. Looks like the stock is ready for some serious action in the upcoming trading days. Especially with some good news!! Look like it's planned!!! Perfect
Sometimes the charts explain the explainable...

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