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dmlabuda

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dmlabuda

Re: doggone post# 543

Friday, 05/20/2011 7:41:53 PM

Friday, May 20, 2011 7:41:53 PM

Post# of 889
INO.com sees EMKR in a strong Uptrend and as a technical trader, I agree with that. At the very least we should fill the gap at $3.00 and test the previous highs just above $3.20. But, if there is a drop after filling that gap and/or retesting the previous resistance, the stock should support nicely in the $2.75 area and consolidate for another run at the Highs above $3.20. From there it should rise steadily toward the $4.00 mark but, it's a little early to call the resistance there.
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