Wednesday, August 14, 2013
Cordlife (technical)
Cordlife: continues its ascent along the upper end of the rising trend channel. Having emerged above the $1.10 resistance - turned-support, near term outlook appears positive, backed by the key indicators presently at above neutral levels. Momentum players however, might wait until the breakout above the all time high at $1.20 , as that would offer a higher probability for the stock as a bullish break out candidate.
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