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Thinksoft Global Services- A breakout?

Discussion in 'Technical Analysis' started by monilhathi, Jun 16, 2012.

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  1. monilhathi

    monilhathi New Member

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    Hi

    I think I have spotted a breakout on Thinksoft Global? Price strongly moving on the upper Bollinger band and EMA 20 with good volumes. What is everyone's take?

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    monilhathi, Jun 16, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes the breakout was formed but I think we have missed the breakout now but well spotted.
     
    shabbir, Jun 17, 2012
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  3. masihpatel

    masihpatel Active Member

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    Very good finding, almost at 52 weeks high.March'12 quarter profit rises to1933.33%.
     
    masihpatel, Jun 17, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Note that Thinksoft has seen management intervention in manipulating stock price many times. :D
     
    shabbir, Jun 17, 2012
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