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Old 06-15-2007, 11:22 AM
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Matk, Mosy

whodi or any other seasoned market watchers have any opinions on these two? Both stocks have been core holdings for me over the last couple years. MATK has finally started to break free and move upward, will it continue?
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Old 06-15-2007, 11:40 AM
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looks nice, look at the 1 year chart, finally broke over its 200 SMA, resistance will be 28.25, which was on september 6th, that was the gap down, stocks love to close gaps. I dont see why it should not continue to keep moving upwards. If anyting, it may pull back a little or stablize and digest these gains and then get poised for another run. I wish you would of posted these stocks before, MATK WAS A CLEAR BUY AT 21, look at may 21-31, those 7 trading days were tight sideways after being oversold, clear break out buy, especially when it passed its 50 SMA, the redline. Look at the 6 month, the break out over 21 is a lot clearer

1 year

http://finance.yahoo.com/charts#char...urce=undefined

6 month

http://finance.yahoo.com/charts#char...urce=undefined

MOSY looks good too
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Last edited by whodi; 06-15-2007 at 11:42 AM.
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Old 06-15-2007, 11:42 AM
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Thanks whodi, that's what I was looking for. My cost basis in MATK is around that 24 mark, so I started to pay some more attention to it this week as it recovered back to that point.
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