Trucept, Inc. (TREP)

[a r]

from last november/december there is a slooooooow but steady upward channel.
4 spikes within the channel.
3 of the 4 had 2 red candes right after the spike.
the other one had a black candle followed by a few red candles.

if the company keeps putting out positive revenues, low/no debt, growing (new hires, increased expenses) and stays at the transparency level they are at this should continue to climb. not to mention what they do with their financing and possible M/As.

filings/news will bring spikes which seem to induce profit taking or possibly some breaking even for those who have been around a long time.

either way, STTN is setting up for an interesting last few months of 2011.

bonar, the balls in your court.