CalAmp dilemma
CCAMP was one of those unknown stocks that rallied over 200% for the last year.. Right now it's still relatively unknown.. But such a rally can cause a hell of a pullback.
Looking technically at hourly chart, I've noticed well noticed Head "n Shoulders formation... On the other hand, it can easily be another pullback, and opportunity who missed the train to jump in and make some money. It makes my stomach fell weird. What do you guy think? Company's got a pretty strong income statement \balance sheet, but is that a long right now after such rally?
Looking technically at hourly chart, I've noticed well noticed Head "n Shoulders formation... On the other hand, it can easily be another pullback, and opportunity who missed the train to jump in and make some money. It makes my stomach fell weird. What do you guy think? Company's got a pretty strong income statement \balance sheet, but is that a long right now after such rally?
Penafian
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