SEFE, Inc. SEFE
In addition, the SEFE chart is looking really nice. Apart from a recent MACD cross, it appears as if a Golden Cross is also in the making. Volume has been steadily increasing over a period of a few weeks, and yesterday we observed record volume, with over 4M shares changing hands. Past the 1.25 level, SEFE could break into what is known as Blue Sky territory, with no ceiling in sight.
Atlas Technology Group, Inc. ATYG
ATYG is a momentum play that we wanted to add to our radar this morning. The stock traded record volume yesterday on an LOI PR (below), breaking above key resistance levels, a good reason to keep an eye on it today. Should the momentum continue into today’s session, there is a distinct possibility that the breakout shall continue as well.
DOVER, N.H., April 3, 2012 /PRNewswire via COMTEX/ — Racing Limos America, Inc., a subsidiary of Atlas Technology Group (OTC:ATYG.PK), announces it has received a Letter of Intent from an interstate group for the purchase of the Miami, FL franchise location.
About Racing Limos America, Inc. Headquartered in Dover, NH Racing Limos America, Inc. is a franchise operating system of race car themed stretch limousines, focused on advertising and marketing partnerships, business-to-business relationship development, and specialty transportation. For more information visit www.racinglimosamerica.com
Both of these stocks have done well for us already, making large percentage gains. They are now undergoing consolidation, and we are back to monitoring for a bottom.