In Retrospect : MBT, KPP, ALI, FGEN

MBT
Went beyond resistance level but was unable to sustain the move above it. Last Friday’s trading day saw another effort by the bulls to push the price above resistance level. This coming week would be a wait and see if the bears still have some more strength to pull the price down. Price may move side to downward before pushing above resistance. Recommendation: Hold

KPP
The last 2 trading days was accompanied by very high volume and price went up to as high as 0.59, very much breaking the resistance. Next resistance would be 0.59-0.6. Recommendation: Hold.

ALI
Instead of providing a strong support at 15.75, it became a resistance as price went down and tried to go beyond 15.75. Though there were many sellers that sold down and cashed in at 15.25-15.75 levels , the buyers still had the upper hand as closing price was kept near opening price. Last Friday’s trading saw the resurgence of volume. Hopefully this will be the continuation of the upward move.
Recommendation: Hold

FGEN
The price did move down near support level. Price is now poised for an upward move. This is a good opportunity to capture a P3 move for the short term.Recommendation: Buy at 53-53.50 Sell at 56-56.50