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TheChartGuru
03-30-2006, 07:57 AM
AGEN, MIVT, CPST, HOM, IPIX, RHEO, VPHM

The Guru has spoken
Mik3L
03-30-2006, 09:39 AM
What do you like about HOM and CPST? They look to be entering overbought territory however they have broken resitence and look like they could continue the trend for another couple days. Do you see these as buying opportunities or simply as holds only if you are alreay in?
madcowdisease
03-30-2006, 09:51 AM
What do you like about HOM and CPST? They look to be entering overbought territory however they have broken resitence and look like they could continue the trend for another couple days. Do you see these as buying opportunities or simply as holds only if you are alreay in?

I did a quick scope of the above picks too myself wondering what he saw. I concur that the draw on the two you mentioned is breaking resistance.
TheChartGuru
03-30-2006, 10:21 AM
HOM and CPST are break out candidates. HOM is in an uptrend with a handle forming shortly then it will continue the upward move. CPST is near a break out. Look at the nice cup shape bottom it has formed. It will also form the handle before it breaks out. RHEO has had increased volume the past 3 days with support at 3.38, it is currently at 3.45. So keep on your radar later today

The Guru has spoken