AI
LCRE poised to breakout out of its 2+ week consolidation
The company has been updating pinksheets with financials and expect the "skull and cross bones" to disappear tomorrow. We are also awaiting news that the company's restaurant F.I.R.M.S. software (using iPads as the input device) is going "live" at the restaurant they've been doing the pilot at.
Trading above the 50 and 100 day moving averages (bullish)
RSI almost in the powerzone (bullish)
MCAD just broke into positive territory (bullish)
ADX plenty of upside (neutral)
Accumulation and money flow positive (bullish)
The company has been updating pinksheets with financials and expect the "skull and cross bones" to disappear tomorrow. We are also awaiting news that the company's restaurant F.I.R.M.S. software (using iPads as the input device) is going "live" at the restaurant they've been doing the pilot at.
Trading above the 50 and 100 day moving averages (bullish)
RSI almost in the powerzone (bullish)
MCAD just broke into positive territory (bullish)
ADX plenty of upside (neutral)
Accumulation and money flow positive (bullish)
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