Technical Trader Alert Sunday, December 19, 2010

Description

$SFAZ and

Cloud Computing Plays are

HOT

Hello members and Happy Holidays

With the holidays quickly upon us, we are constantly on the lookout for technical breakouts which can be one of the easiest chart patterns to play off.

Sober Stocks

SFAZ is in a rising channel wedge. This is bullish as the upper band of the channel has just been pierced. This indicates the stock is now set to test new levels.

SFAZ has been consolidating with some pretty wide range bars within this wedge. Now we are seeing small range bars indicating selling is drying up.

SFAZ successfully bounced off the 200 day MA and has been riding the 50 day MA as support. This shows the stock as a trading vehicle respects those supports.

SFAZ RSI and MACD #’s are nowhere near overbought levels so this next push will not place the stock into dangerous levels.

Let’s take a quick peak about the company.

SFAZ operates in the exclusive cloud computing space with companies such as RAX, VMW, who’s stocks have seen incredible volatility and takeover attempts in all of 2010. This is an exciting field.

SFAZ is working with military contractors who have selected them to manage fast-growing sales operations and critical data storage needs.

SFAZ headquartered in Boca Raton, FL is a technology solutions company that specializes in providing managed IT services including mission-critical data backup, disaster recovery and office solutions that are provided on an outsourced, rapidly-deployed, fixed-cost basis to small and medium sized businesses. Strategic Data Support (“SDS”) brand provides customizable solutions that create significant cost efficiencies, dependable network functionality and complete redundancy through our world-class disaster recovery facilities.

Since our members know we focus on technical analysis first and foremost, we wanted to get this into your hands while we investigate the company further.

Good luck and as usual, prosperous trading!

Have a fabulous week!

Enjoy your day and prosperous trading!

Receipt of this email constitutes full knowledge of our disclaimer at http://www.SoberStocks.com/disclaimer

Disclaimer: Soberstocks has not been compensated for the preceding report. SoberStocks expects to be paid thirteen thousand dollars for the publication and coverage of SFAZ by an unaffiliated third party during the upcoming week. The party hiring us may have shares to sell. Soberstocks and affiliates does not own any shares of SFAZ. This can add to downward pressure on the security. Our message is strictly one of technical analysis and should not be construed as a buy recommendation. We are not financial advisers. This advertisement is meant for educational and entertainment purposes only.

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