OXPS or OptionsXpress has been coming down after jumping sharply a week or so ago. This stock has been beaten down so much over the past 6 months but now I believe the tides are turning in its favor. It looks like it will come back down to its 200 sma at 25.70ish and should take a run after consolidating on it for a short bit.
This chart very much resembles what CREE did only a few weeks ago. It's performance after that was unbelievable in a very short period of time. I believe this stock is worth taking a chance on once it comes down to support as the risk/reward is in our favor.
I'll be back posting in a bit.
CM
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