Friday, June 8, 2012

CopyTele Inc. (COPY) Video Chart for Friday, June 8, 2012

COPY is making a double bottom pattern and holding support at a dime. Some buying pressure was demonstrated on Thursday to continue what the indicators show to be a steady stream of accumulation. Technical traders will be watching for an uptick in volume to try and initiate some upward pressure on the price per share to break some resistance at $0.13.

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