Bullish Breakout Technical Alert (OTC:BZCN.OB)
TheMarketFinancial has initiated an independent bullish technical trading alert for 12/17/09 on BizAuctions Inc. (PINK:BZCN.PK). Shares of the company finished the day at $0.0018, up 5.88% from the opening bell on heavy buying pressure. The stock reached an intraday high of $0.0022 which seemed to be a major resistance, thus causing it to fall near the $0.0016 levels where it found a nice support. Investors are currently awaiting company news regarding their next quarterly, and as well an update on the much anticipated holiday season sales. During the same time last year, the stock reached a high of $0.11, after news of gaining new business from commercial and retail owners for the resale of their used industrial equipment. Excitement within the investment community is growing as technical analysis experts await the stock’s 50 day MA and 200 day MA to cross, thus paving the way for the illusive Golden Cross formation.
To read the previous company profile published by TheMarketFinancial, visit this link: http://www.themarketfinancial.com/holiday-season-may-bring-renewed-interest-in-bizauctions-otcbzcn-pk
About BizAuctions Inc.
Bisections Inc. is a provider of commercial eBay liquidation services for excess inventory, overstock items, and returns for retailers, manufacturers, and distributors. The Company sells from home goods, brand name clothes and electronics. The Company lists the merchandise through software which is integrated and compliant with eBay. Once an auction ends, payment is collected via PayPal or credit card. The Company is providing liquidation services to retailers in California, Arizona, and Colorado, and is in the process of expanding into other states.
The full special report on the company appears today at http://www.themarketfinancial.com/bullish-breakout-technical-alert-otcbzcn/
Disclosure: Long BZCN
MiV Investments Inc. can be found at TheMarketFinancial.com. It is a company offering a news portal covering the world financial news and equities sector. It features its own blog, free level 2 quotes, two way linking capability, mass e-mail distribution alerts, stock research reports, conference calls, news feeds, mailing list, videos, press release capability, stock commentaries, company reviews, premium services and other unique content including expert stock analysis from a variety of accredited staff and authors. The company also offers Investor Relations contracting services.
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