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1 point posted on 12/22/08

N/A

pro_trader:

-51.58%
risk: conservative

EPG surges on Beacon coverage

Shares of EPG surged over 37% by the close of trading on coverage initiated by Beacon Equity Research. Volume was huge and the MACD looks poised to cross back above the "0" line suggesting a "strong" bullish trend. The stochastics is far from overbought levels and the stock is now trading back above the 50 day moving average.Given the fact that we closed near the middle of the range, it looks like we may retest and probably exceed todays high. Therefore, shares should be purchased on any weakness

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EPG

Environmental Power Corp.

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Environmental Power Corp. (EPG)

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