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WidePoint Corporation (NYSEMKT:WYY)


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#1 Costa

Costa

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Posted 28 December 2013 - 05:28 AM

On Friday, the stock price broke out from its trading range with huge volumes. I feel this is the beginning of another bigger move, which is why I will be watching the stock again on Monday. Resistance is $1.75, which was Friday’s high of the day. The price can head towards the 2-2.10 zone. If this zone is surpassed, getting to 2.5 would be a possibility. Add to your position once there is a close above 1.75. The technical chart shows a continuation of the uptrend with MACD/RSI in the Bullish areas and with the AC/DT line showing a clear indication of accumulation. Long setup.

Stocks to Watch for December 30, 2013

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