Stock Chart Analysis SAPE

Posted by downtowntrader | 5/14/2007 09:47:00 PM | 0 comments »

Stock Chart Analysis SAPE

Sapient Corporation (Public, NASDAQ:SAPE)

SAPE cleared a base on base pattern and is coming back to retest support. It has pulled back to it's rising 50sma and could catch a bid here. It still has an unfilled bearish gap at 7.77 and it may be headed back up for the fill. I view the gap as a little bearish, but it is from over a year ago and could be a non issue.

Good Trading,