Wednesday, January 07, 2009
Some life in Ultralife (ULBI)
The Stock Trends Picks of the Week reports are starting to become active again. These filter reports look for stocks that are showing signs of breaking out of a bearish primary trend and give investors a short list of stocks to monitor for buying opportunities. One the stocks in the current NASDAQ Picks of the Week report is Ultralife Corp. (NASDAQ:ULBI). It has surged over the past two months and now trades at $13.44 and tipped the $14 resistance level that dates from Q2 08. The stock still has some work to do, but last week's high volume indicator adds to the interest.