Lone Star

KNOL is the lone star on my list of watched stocks. Broke out of the ascending triangle pattern a week ago but has been strong for the last three days.

Starting with the hammer candlestick on monday and following up with two strong gains on higher volume compared to the two down days prior to this series.

Stock is not overbought yet but no longer oversold.

knol120706, originally uploaded by elmer_tang.