Friday, August 31, 2012

NGVC Chart of the Day

NGVC


There is a variety of ways to draw your lines but support is $20.50 which is about where it closed Wednesday.  The stock is now about $1 from support and about .50 from the all time high set yesterday at $22.  You could wait for a pullback, buy when it hits it's all time high or buy now with a stop just below $20.50. 

The chart below is a daily chart. I am expecting a breakout in the next few sessions.