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Adept Technology Inc. Message Board

  • thetechtraderca thetechtraderca Dec 18, 2013 12:15 PM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on ADEP at TheTechTrader site noting: Adept Technology Inc. (ADEP) is a stock that we spotted on the breakout around 5.50, did a great swing trade, then another, and continues to move upward. On Tuesday, it was up another 1.36, or 11.6%, on 829,100 million shares. That’s one of the biggest days all year. It moved out of the falling wedge on Monday, and on Tuesday, it moved up to the recent high at 12 1/2, and closed over 13 at 13.05. It had a fabulous day. There may be a little bit more coming on the upside. The angle of ascent shows potential at about 14, and if it gets through that, it could spike up to 15 or 16. This is a stock in motion, with good volume and good technicals.

12.97-0.01(-0.08%)Oct 8 4:00 PMEDT