Bancorp Rhode Island (NASDAQ: BARI) – This tiny regional banking company operates 16 branches in Rhode Island, offering services to consumers and small- to mid-sized businesses. But what’s more interesting is this bank’s technical pattern. Shares of Bancorp Rhode Island are forming a bullish inverse head and shoulders pattern, a sign that shares could be headed significantly higher if they break through shoulder level. Wait for that initial upward move to happen before going long.
Newtek Business Services (NASDAQ: NEWT) – Small business servicer Newtek Business Solutions provides an interesting portfolio of services to small businesses in need of anything from web hosting to electronic payment processing. And shareholders could be getting ready to enjoy a bullish upswing in this stock right now. Shares of Newtek are sitting toward the bottom of an uptrending trading channel, getting ready to make a bounce higher. Wait for confirmation before making your move.http://www.reuters.com/finance/stocks/analyst?symbol=NEWT.O
Marlin Business Services (NASDAQ: MRLN) – Marlin is an equipment-financing specialist, providing companies with more than 100 categories of commercial equipment. While the company had been prepping for an upward move through an ascending triangle pattern, that pattern broke down yesterday, sending a strong “sell” signal to investors. It’s likely that this stock will continue to fall.
Marlin Business Services (NASDAQ: MRLN) – Marlin is an equipment-financing specialist, providing companies with more than 100 categories of commercial equipment. While the company had been prepping for an upward move through an ascending triangle pattern, that pattern broke down yesterday, sending a strong “sell” signal to investors. It’s likely that this stock will continue to fall.http://www.reuters.com/finance/stocks/analyst?symbol=MRLN.O
Hypercom Corporation (NYSE: HYC) – Transaction services company Hypercom just pushed its way above trend channel resistance last week. Now, with higher price levels tested and confirmed, this stock could make a higher move in the coming week. This company is relatively volatile, so keep a tight stop if you decide to take the trade.
Hypercom Corporation (NYSE: HYC) – Transaction services company Hypercom just pushed its way above trend channel resistance last week. Now, with higher price levels tested and confirmed, this stock could make a higher move in the coming week. This company is relatively volatile, so keep a tight stop if you decide to take the trade.
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