Written by Sidney on August 27, 2009
Newport Corp (NEWP) is one stock that should be on the intermediate term trader’s watch list. The company designs, develops, and manufactures technology lasers, components, instruments, subsystems, and systems. After a strong surge in mid-July from $6.50 to $7.50, the stock has been consolidating in a bullish ascending triangle pattern with overhead resistance at $7.90-$8.00. The daily chart bel...
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Here’s my take on KPPC: KPPC has had a decent rally from its Feb 2009 lows, but... (Nov 22, 09)