Friday, June 7, 2013

EMCORE Corporation (EMKR) Video Chart for Friday, June 7, 2013

The EMKR chart is forming a double bottom pattern with support at $3.32.  In mid-May, the stock bounced about 30 percent after hitting the support, forming the left side of the pattern.  Green closes on Wednesday and Thursday have the chart looking like the right side of the pattern is starting with resistance at the recent highs around $4.20.

To view the video chart, visit the following link: http://www.missionir.com/videos.html

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