Thursday, July 23, 2009

HYTM-favorite time of the day

Favorite time of the day!! The time we get to share a BRAND NEW Trading Idea with you! Our next "stock rocket" is:

Hythiam Inc. - Trading Symbol: HYTM

Below, we'll get into the details of what HYTM does as a company, but first let us point out a few of the technicals we are watching very carefully. They suggest a Big Bounce could be coming!

1
) OVERSOLD STOCHASTICS-Appearing to have made a Double-Bottom, both the indicator and the stock price appear poised for a bounce.
2) The stock is trading at or very near support which is
VERY BULLISH

3) A return to the recent high of 46 cents could spell HUGE GAINS for members
4) A period of consolidation often precedes a
TRENDING PATTERN. Based on the recent bottoming-action, we think the next trending phase isHIGHER
and could start very soon.

Click HERE to view the data

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