Update

UEPS-has broken out of a 4 week trading range and out across its 40 day moving avg. resistance on the daily chartSEED-waffling here but did the same on FridayCOIN- may not be done as I write,if can get through $13 on a volume thrust and accelerate, it could target $14.50-15

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Two Stocks-COIN,SEED

I’m running a bit behind this morning but two stocks I am watching for potential entry todayCOIN- Converted Organics Inc-traded it a bit on Thurs. and Fri..Closed Fri, at triple tops resistance-if it takes out $8.70 my targets are 10.50-11.00SEED-12.50-13 my new target short term-support 8.75-9 be back in a bit

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Stock Market and What If ?

I’ve been wrong before but this is what I think has a decent chance of shaping up. They say you can’t have a bull market without tech and financials. We did fine without the financials this year before the market decided to cave. Technology has certainly corrected, just look at AAPL RIMM, etc. But what…

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UEPS Net1 Ueps Tech

This stock had a good run after trading down below $22 in early August and went as high as $33.82 in November. UEPS has support around 28 It has been building near term base that has left it right below the 30 level. If UEPS can move back above its 50- day moving average at…

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Closing Comment

The indices had a bad day to end a volatile week. They started with a gap down and went lower all morning. They did try a mid -morning bounce but when the NDX failed to confirm they rolled over and went lower for most of the session. They tried a snapback in the last half…

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SEED-

SEED was my chart for the day as it broke through the $9.5 resistance and closed the day $10.91 on huge volume. When it backed of to the 9.8 level i frankly didn’t think it could muster up the momentum but it sure did with a vicious rally in the last half hour. Hard to…

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