Camelot Information Systems Inc (ADR) (NYSE:CIS) - Bullish volume pattern
Started by
Costa
, Feb 26 2013 06:08 PM
No replies to this topic
#1
Costa
-
- Traders-Talk User
- 660 posts
Member
Posted 26 February 2013 - 06:08 PM
From a technical standpoint, the stock is bouncing hard to the upside above both its 50-day sma at $1.24 and its 20-day SMA at $1.38 with heavy upside volume. Camelot Information Systems Inc (ADR) (NYSE:CIS) has been in a strong uptrend for the last two months, with shares moving higher from its low of 95 cents to its recent high of $1.58. Keeping my eye on this one.
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.
