22 September '07
by, 22nd-September-2007 at 12:42 PM (1172 Views)
Recently bought THX in low 30s.
Gone up 25% in the last 4 trading days.
Closed at 41c on Friday. Up over 9% for the day.
Recent ann. re U prospects gave this stock a boost.
A shareholder of UMC, whose sp. increased around 8%yesterday.
Technically a buy? What do you think?
The 52-week range
75c - 28c
Another recent acquistion in the 30s.
Oppies are up over 20% in the last 2 trading days.
Bought prior to rights issue and in the rights issue. Why not? Got free oppies.
Oppies up 100% in the last 6 trading days.
No news. Is there some to come?
From a chartist's perspective:
There is a resistance level at 29-30 cents.
If breaks 30 cents and holds well, it has potential to take off.
Av. buy sub 20c.
Expectation that TD is reached this weekend. Await results next week.