Wednesday, June 1, 2011

AmbiCom Holdings (ABHI) Technical Stock Chart Video

A lower-volume play, the ABHI chart is worthy of the watchlist as the MACD/PPS are showing positive divergence. The chart tried to make a nice, rounded bottom a few months ago and appears to be trying again, so technical traders will be on the lookout for a new support level to hold as resistance is tested at 7 cents.

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