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SeaChange International, Inc. Message Board

  • thetechtraderca thetechtraderca Nov 27, 2013 7:47 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on SEAC at TheTechTrader site noting: SeaChange International Inc. (SEAC) has been doing well. The long-term pattern is a beautiful uptrend. Recent action shows a 5-wave advance to the top of an accelerated channel, and a 3-wave corrective pullback. At this point, it’s run back up to test the declining topsline, formed a wedge, and on Tuesday, it was up 64 cents, or 4.6%, on nearly 200,000 shares. It needs to get more volume. If it takes out Friday’s high at 14.85, it’s on it way to 16, and then 18.

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