Monday, October 22, 2012

Civmec (technical)

Civmec: stock appears to be trading range bound , btwn $1.04 - $1.20. Near term the stock could be poised to trade upwards, along with the rising key indicators. In particular MACD has just displayed a bullish signal with positive crossover. Separately Friday's long bullish candle accompanied by a spike in volume is a further positive indication.

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