Tuesday, March 16, 2010

ADY chart

ADY has been trending down a long time.  If you use charts, this was an avoid.  Today ADY is down 16% on a bad ER to fresh lows.

 The charts once again were crystal clear.  The key for microcaps is buying the breakout -- like CHGI.ob, which did nothing for 7 mos.  As soon as it cleared its last high of 1.90 -- it ran up around 75% in 6 days... more or less.   The key was just stalking it and buying the volume breakout.

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