BullBear Trading: Stock and Financial Market Technical Analysis

Small Cap Superconductor Tech Ready To Surge 75%

Superconductor Technologies, Inc. (NASDAQ:SCON) is a small cap company that has a history of mega moves. The small cap market right now is red hot and every investor is looking for that next big score. SCON is likely that stock. Trading at lows in an amazing long base of consolidation, this company has just peaked above the 200, 50 and 20 daily moving averages. Volume has been increasing over the last two weeks as well on accumulation. A break above $3.75 sends SCON to $6.25. There is huge potential on this micro cap name. It is one of my favorites.

 

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