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Wednesday, December 29, 2010

TWER


Of the breakout charts I looked at today, TWER was the only one to have a price relative line hit a new high. This has also had a dramatic increase in average daily volume, and the frequent spikes sure look like somebody is accumulating this.  I had a little bit of a tough time picking out the pivots here, the 3 red and green lines are my best guess, which doesn't look quit right, but then the blue line caught my eye (the mid point between the top and middle pivots), which leads me to belive the poriginal pivots are correct.

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