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SSNC - Kicker is Holding

 
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tab321
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PostPosted: Mon Nov 29, 2004 9:37 pm    Post subject: SSNC - Kicker is Holding Reply with quote

Just for Discussion - I am not an expert on Kickers - but it looks like SSNC had a Kicker on October 19th - that signal is holding and SSNC has a Hammer on October 24th that is holding. So - is there any reason why this stock would not be a good buy?

It has bounced off the 200 EMA and has now recovered the 50 Day EMA. Stochastics are in good shape.
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candlestick1
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Joined: 27 Jun 2004
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Location: Houston, Texas

PostPosted: Mon Nov 29, 2004 9:56 pm    Post subject: SSNC Reply with quote

SSNC yes a good chart pattern, would be a buyer on a strong open, however the volume is very light, would only be buying with very small positions, the Hammer signals occurring right on the 200 day moving average is a very good buy point
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dtdtrader



Joined: 15 Sep 2004
Posts: 24

PostPosted: Mon Nov 29, 2004 10:56 pm    Post subject: SSNC Reply with quote

Also, those hammers are showing support right where the gap was created by the kicker.
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