Posted On: 03/07/2014 3:55:58 PM
Post# of 44950
$HCTI hearing major news coming next week!! Easy channel trade, I have been making a nice little profit ever other week flipping this one.
Hybrids chart has formed a nice bottom. The pattern here has been a channel between 0.30 - 0.65. During the quite time when volume is low, HCTI has been creeping down to the bottom around 0.30-0.36. Then holds those levels with some light bounces until news arrives. Then once news hits, the pattern has been to push back up in the 0.60s with increased volume.
http://stockcharts.com/c-sc/sc?s=HCTI&p=D...4132409642
Hybrids chart has formed a nice bottom. The pattern here has been a channel between 0.30 - 0.65. During the quite time when volume is low, HCTI has been creeping down to the bottom around 0.30-0.36. Then holds those levels with some light bounces until news arrives. Then once news hits, the pattern has been to push back up in the 0.60s with increased volume.
http://stockcharts.com/c-sc/sc?s=HCTI&p=D...4132409642
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