dotnetphoenix

Small company stock being accumulated

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NASDAQ:TCCO   None
NASDAQ:TCCO looks like a roller coaster getting ready to go up even higher. I like the weekly chart to show the potential for big gains on this stock over the next couple weeks. This is a 1-2% of portfolio play with a first exit at about $5, second at about $8 and anything after that is personal risk tolerance. Volume has been increasing showing accumulation and I like the EMA(21) which looks like a short term trend is turning upwards. CMF is positive and RSI is getting close to being overbought on weekly but over 70 on the daily. This stock has small amount of available shares at about 1.8million. There plan to get back in good standing with nasdaq listing just got approved as well.

I am long TCCO.
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