Frencken for the past 4 days had been trending higher and higher. The stock broke above the profit taking area and then went for a long consolidation without breaking down. It signaled strength in the stock. Soon, it started to have some buyers and slowly, the stock had a real breakout and started to trend higher everyday from there onward. This counter had been stagnant for a long time and it's not surprise that it ran today. Same goes for UMS which had been sitting in the couch for months before starting to break out big time. It's time to look for hidden gems using the Top 30 Volume.
Ronald K - Market Psychologist - A Stock Market Opportunist
