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Albany Molecular Research Inc. Message Board

  • thetechtraderca thetechtraderca Mar 7, 2013 7:15 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on HCI at TheTechTrader site noting: Homeowners Choice, Inc. (HCI) had a big day on Wednesday, up 4.04 to 24.81, or 19 1/2%, on nearly a million shares. The key is the falling channel the last six or seven weeks, broken with a breakaway gap that took out 3 moving averages, reaching right up toward resistance and backing off. The long-term charts shows multiple tops, and if the long-term pattern is true, this stock has a lot of room to run into the mid to high 30’s. At some point, this could be a great swing trade if it could get through there.

 
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