Monday, November 20, 2006

 

statschippac on fire...



Statschippac rose strongly 3 days in a row from 97 cents to 1.14 after weeks of consolidation between 0.96 and $1. What a bull market for statschippac! However, a gap at around 1.06 could force its price to come down trying to close the gap for the next few days and technical indicators also show that statschippac could pull back to correct the overbought. As I mentioned in the previous post, year end is bullish for tech stocks and from the fundamental we know that tech will be doing well in 1st half of 2007...history repeat itself...

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