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Hoku Scientific (HOKU) Surging With Heavy Volume Above 200DMA
Hoku Scientific (HOKU) is really surging today with heavy volume above the 200 day moving average for the first time in well over a year. I don’t see any news today, but the company did announce an economic development package (ie tax breaks) with the City of Pocatello of Idaho which we covered a few days ago. Perhaps an announcement is coming. Will update this post if I find anything. Some heavy selling pressure coming into it now.
More on this topic
(What's this?)
Stocks Drop on Low Volume
(Investment U, 7/6/09)
BUYING VOLUME IS SLOWING. IS THE RALLY DYING OUT?
(THE PRAGMATIC CAPITALIST, 6/9/09)
IS VOLUME A CONCERN?
(THE PRAGMATIC CAPITALIST, 5/26/09)
Eye on Volume: Another Look at a Strong Indicator
(Contrarian Profits, 5/20/09)
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