Hoku Scientific, Inc. (HOKU)

synergize (98.00) Submitted: 5/08/08 4:37 AM : Start Price: $8.15 HOKU Score: -38.11

There is consolidation of the stock price for several days now. It’s already in the overbought and MACD going up and crossing over. Although there is also a potential that it can go more lower near the $7 but it seems the $8 is its favorite price to bounce up as shown in previous signals of the chart. Also money flow continued to rise which indicates more buying. Overall there is a bullish sentiment. But I will only have a 3 week or few months pitch on this outperform call.

Please remember that this post presents only my personal opinion based on technical data and other information. You should use your own judgment and seek appropriate advice for any investments ideas.

Report this Post Replies: 0 | Reply