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07-Aug-08
CVP and UQM both had earnings bounces that lifted them up to resistence levels forming potential break out patterns. PEIX is making a pre-earnings move toward a breakout.
What are the odds they'll actually do so this week or maybe even next week? (Aug 7th-14th)
Are post-earning bounce breakouts less or more predictable than non-earnings non-news related breakouts?
As i'm typing this CVP hit resistance and is now tanking back to 4,
CVP has a 1 week range
UQM still solid, above yesterday's range (2.45-2.65)
UQM has a 3 month range.
PEIX also breaking out but it has the earnings call next week, so it may be a pre-earnings move. RUMORED UP in other words.
Posted at 11:54 in Watchlist Ideas | Permalink | Comments () | Top
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