Monday, April 14, 2008

ASCM 14Apr2008





- Nothing new within this security rather than being a promising investment in the fundamental level.
- The volume of today is bringing up too many questions regarding the identity of the traders, since the volume of today was way above the average volume levels.
- ASCM is sitting on a good support, and is waiting for the bulls to get the lead.
- Bears have finished selling, and investors are accumulating.
- I would NOT go in unless 235LE is well penetrated, as the security is NOT a fast moving one.



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