Soaring Open Source One of the stock that has been doing well recently is the Fremont, CA based software company, VA Software(LNUX <http://finance.yahoo.com/q/pr?s=LNUX> ), which owns the leading open source platform and site SourceForge. Although there has been no news about the company, yet its shares had soared almost 50% in just two days from the closing of $2.08 on Wednesday, February 15 to $2.96 on Friday, February 17.
* First we check the stock price - in the beginning of last December the stock made a break thru above both 50 day and 200 day moving with a big spike shown by the white candle stick. The breaking over 50 and 200 day moving average is the first sign that the stock could be about to take off. * Second we check the moving average - in late December the 50 day moving average crossed on top over 200 day moving average and formed what's known as Golden Cross....
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.