Wednesday, September 30, 2009

ZOLT may break support


ZOTL - Zoltek Companies Inc

Info at time of post
price movement volume
10.66 Arrow Down-0.20 -1.84% 35,246




A weaker company in a very very strong sector. Should there be a small turn down in the market as a whole, there is a possibility that ZOLT may break support and fall. Conversely, if the market continues to rally i suspect that the stock will not move much to the upside because the sector is very overbought EVEN when compared to the market as a whole.

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