$HUSA bullish pattern continues to form This stoc
Post# of 474
Posted On: 08/24/2012 1:24:43 PM
$HUSA bullish pattern continues to form
This stock recently put in a low and attempted to rally through the 50 DMA. Earlier in August it captured the 20 DMA and is consolidating below the 50 DMA to build base for another move up.
A rally will be triggered by a close above the 50 DMA and a series of higher closes. It's actually at a decent entry level right now with a stop on a close below the 20 day moving average. Once the rally starts look for a move to 1.40 for first target, which is a nice 40% gain.
[IMG]http://i.imgur.com/k8gH2.png[/IMG]
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