Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.
Observations
about 16 years ago
9

FWIW, http://www.americanbulls.com/StockPa...

We held and are above the 50 day moving average as of the close Friday, the rising trend line of the last aprox. 3 weeks has not been broken, the short term down trend line of the last 3-4 days was broken to the upside, there was a nice/strong break out from a cup and handle formation, that break out from the cup and handle was retraced by about 2/3rds ( .20 to .25-.26 and back down to .22 ), and the down trend line that began in April 08 broke out to the upside in mid July, the next resistance seems to be at about .41 ( the 200 day moving average). The bollinger bands may indicate a retest of .20 as support ?

Those are some of the technicals as I see them. Then there are all the emotional aspects and the story that goes with the stock to add to the mix. Exciting times IMO. Looking better than it has for a while. GLTAL ( opinions and corrections welcome ). And the chat here seems to be down somewhat as well. I've seen that in the past just before a stock moves up.

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bankerson
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Vice President
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21999
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Date Joined
02/17/2005
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
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401,392,948
Industry
Technology & Medical
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