Uni Core Holdings Corp. (fka UCHC)

[Traderbytrade]

Taken from "Stockalerts.com" : When a stock has been declining and the last holdouts give up, their selling will cause the stock to decline even more as the volume surges. Traders will notice the stock's behavior and buy the "bargain." Volume will increase even more as the price reverses direction. In this scenario, the stock has just had a selling climax and a price reversal. More traders will then notice that there has been a "selling climax" and begin to accumulate. Others add the stock to their "watch list" so they can buy as soon as the new trend takes on more definition. Most of the time, the surges highlighted on an alert list will not be particularly attractive to a trader because the stock's pattern will be compromised by nearby overhead resistance. However, the alerts sometimes present an opportunity to get in at the beginning of a nice move.