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trader53

09/24/12 4:02 AM

#3389 RE: trader53 #3388

$SUGO vs MIKP

MIKP, had a very long,
multi-month resistance,
of 0.0004


It then "Broke-Out" above 0.0004,
in mid-June,
going up to 0.0009 intra-day,
and carried the stock above its 200-day M.A.

SUGO, has had a resistance at 0.0004,
for the last 6-trading sessions.
When this 0.0004 level gets pierced,
the stock can climb to 0.0008 and higher,
just as MIKP did.