The Faraj List of Exploding Stock-Part 5.06


melfaraj - Thu, 21 Dec 06 :

tig,

following the news above, it is time that we looked at tig.

used to be constantly in my view a few years back when tig stood to be among top performing stock going by what the company had said about itself. unfortunately, this company has a way of overprojecting themselves. accordingly, their share price did not stand to expectations.

so take what they say with a pinch of sault. however, short term the can be good gains made as the momentum picks up on each bit of good news released by the company

technically, the stock has been ranging most of the time this year.
2 trading days ago the share exploded intraday under a volume spike. this must have been the news. this has propelled the stock from the support of the ranging channel.

for the time being need to see a good clean breakout.






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