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Intotheblack

03/28/16 12:20 PM

#54030 RE: Cerp #54029

I tend to agree Cerp. The technicals as well as the fundamentals here point to a rising star in the near future. We've got a potential golden cross coming- the ultimate in technical moves. We've got a Ichimoku cloud crossover thats bullish. We've got the 20 crossing the 200, and the 50 starting to slope up. We've got lots of technicals pointing upwards.

Then we've got the fundamentals- the business is growing quickly, the top and bottom lines YOY are fabulous. The margins look great. Great outlook for the Q as well as the year. Not to mention the company just opened their new marketing/sales center.

As we saw a large increase in institutional ownership last Q, based on the current 10K, we should see that trend get stronger- which should also bolster buying here. We've got a really strong Q2-Q3 on it's way, and just the seasonally slower Q1 to get past, which should be boosted by the first full Q of Elite reporting.

So the Bulls have a really full basket here. (Easter reference excused...)

Absent any negative news, i.e. net metering challenges, insider sales or other bearish developments, this ticker is showing a lot of support here and should continue to show upward movement and strength moving forward.

Just my opinion.