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Mitek Systems, Inc. Message Board

  • thetechtraderca thetechtraderca Feb 14, 2013 10:00 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on MITK at TheTechTrader site noting: Mitek Systems Inc. (MITK) is continuing five consecutive days up. On Wednesday, it popped another 19 cents to 4.93, or 4%, on 701,000 shares traded. Good volume for this stock. It appears that a major left shoulder-head-right shoulder were broken, it retested the trend line in a nice 3-wave move up, and then an extension. There could be some push back between 5.10 and 5.40. That’s where it’s headed. If it gets through there, this stock could spike up to the 6 1/2 range, which is the next major resistance. The OBV, Balance of Power, and Money Stream are increasing, which is what you want to see when a stock is recovered.

3.670.00(0.00%)Jul 2 4:00 PMEDT