Fastest-growing microcaps, part 2 - the charts
Here are a few of my favorite charts from the fastest-growing microcaps list:
After a huge rally, Abatix: ABIX is trading near 52-wk highs. However, peel the chart back another year and fairly strong resistance appears around 14-15. I’ll pass for something with a better risk/reward.
The only thing I don’t like about the chart of Elecsys: ASY is that the stock is not in my portfolio. Every time it looks like it is about to break down, it rallies sharply — the sign of a dominant stock.
Trio-Tech Int’l: TRT…..wow!
There will be no “I’ve fallen and can’t get up” jokes about the chart of American Medical Alert: AMAC.
Wayside Technology: WSTG has made its investors happy.
Traffix: TRFX just broke out, and looks like it has a lot further to go.
DISCLOSURE: No position.
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