Thursday, October 10, 2013

Informatics (technical)

Informatics: the counter appears to have staged a recovery over the recent days, after bouncing off the $0.088 low and surfacing above the $0.09 critical level. The Stochastics and RSI indicators are beginning to hook up which is a further positive signal. The stock may continue to trade within the $0.09 - $0.10 range in the term term. The 200day MA at $0.105 looks like a firm cap on shre price for now.

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