Keep a very close eye on this counter. It is grooming to a big breakout very soon... close above 4.6 will turn the counter towards bullish side.
Note that all the MAs are converging together
This penny stock has been consolidating for several weeks following an excellent quarter where the company reported an EPS of 0.54 driven by strong top-line and margin growth. Repetitive performance will warrant a rerating and a strong momentum upwards in the counter.
Simple chart.. prices and SMAs are converging. A definite big move on the ways.. Mark your stops along lower trend line as well as your entries.
have at it !
