Watch List for Tuesday 12-1-2009
My new big pick is RBTI.
Quick side Note: SGCP, an alert from last night closed up 66.67% today!!!
Last night I also did a small alert on RBTI based on the recent volume. Today RBTI made a new 52wk high and closed the day up 13.48%.
Since RBTI was able to make a new 52wk high today and closed relatively strong it's possible this may be the start of a bigger breakout!!
View the chart here to decide for yourself: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rbti&sid=0&o_symb=rbti&freq=1&time=6
RBTI just announced news this evening which could be a catalysts to send it higher, make sure you read it.
They signed a LOI agreement with Green Power Technology, Inc.
Red Branch Technologies will acquire forty percent of Green Power Technologies which will be anti-dilutive for a period of two years from the date of closing.
From a technical standpoint RBTI has a buy rating for short, medium, and long term indicators from Barchart.com Link: http://quote.barchart.com/texpert.asp?sym=RBTI
RBTI provides sustainable-energy-powered solutions meeting commercial, industrial, municipal and federal requirements for site security, materials control, emergency communications, water purification and similar on-site applications.The company's ability to simultaneously manage multiple renewable energy sources allows RBTI powered solutions to stay up and running longer than the competition. Mobility is another differentiating aspect of RBTI solutions. The company also offers a unique set of security products for military and law enforcement applications where cost/performance represents a critical selection factor.
The application areas include Explosive Ordinance Disposal (EOD) robots, vehicular inspection and Unmanned Aerial Vehicles (UAVs).
Start your research immediately and keep a close eye on RBTI incase a bigger rally starts. Start your research at: http://www.redbranchtech.com Always do your own research and consult with your own financial professional.
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