Stock Chart Analysis BCON

Posted by downtowntrader | 10/07/2007 08:31:00 PM | 0 comments »

Stock Chart Analysis BCON

Beacon Power Corp. (Public, NASDAQ:BCON)

BCON may be close to breaking to new highs here. It has been consolidating the past few months and just recently started inching above most of the consolidation area. Volume is starting to pick up and there could be a decent short squeeze if it clears the July high, it could easily make the push to 2005 high over $5.



Good Trading,


Joey

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