Hypercom, (HYC).

H

hughb

This one first appeared on my radar back in Feburary when I noticed it in the WSJ stock tables making a new 52 week high. After the dip it took Feb-Mar, I decided that if it traded at 4 again it would confirm that the move may be for real, so I set an alert on it. The alert was in my inbox this morning and I bought it at 3.97 a few minutes ago. That nice little increase in volume it had when it came off of 3.40 at the begining of March looks very compelling.
 
My stop loss was at 4.00 and I was stopped out at 4.01 today. I also had in a GTC buy stop if it rose back to 4.50, but after the high volume sell off today, I canceled it. Time to forget about this one.
 
Reserving the right to change my mind, I bought it back yesterday at 4.51. Maybe it just got caught up in the Greek tragedy, but it's looking strong again.
 
HYC looks good to me for a TA play.

B with a stop of 4.02. Today will be a pullback day because investors dont want to own going into the weekend.
 
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