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Mitek Systems, Inc. Message Board

  • thetechtraderca thetechtraderca Mar 21, 2013 11:22 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) had a good morning on Wednesday, but it didn’t finish well. It popped very early, pulled back to retest, couldn’t get through and got very quiet, and looked like it was going to roll around one-thirty, but it could not get back above the 4.80-.82 zone, and rolled over late in the day. It got some volume, a half million shares, for a few minutes and popped back up again. That was the best volume on it in two and a half weeks. Perhaps it will get a follow-through on it, but first it has to get through the 5.00 range. Once that occurs, look for something up around 6 1/4-1/2. A nice rising channel is underway.

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