San Diego, CA 7/9/2009 9:25:01 PM
National Technical Systems Up On No News? Analysis as SmallCapNetwork.com
The National Technical Systems Inc. (NTSC) chart is looking like the bottom has been made, as volume has increased side by side with higher highs.
Shares of National Technical Systems Inc. (NTSC) were up sharply on Tuesday and Wednesday, trading on much higher volume than the stock's average. National Technical Systems reached new 52-week lows in May, but have started to make higher highs and higher lows since then. The stock's long-term bottom may have just been hit, according to some technical analysts.
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About National Technical Systems Inc.
National Technical Systems Inc. (NTSC) is a leading provider of engineering and evaluation services to the defense, aerospace, telecommunications, automotive and high technology markets. Through a world-wide network of resources, NTS provides full product life-cycle support, offering world class design engineering, compliance, testing, certification, quality registration and program management. For additional information about NTS, visit the website at www.ntscorp.com or call 800-270-2516.
Forward-Looking Statement: This press release may include or imply "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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Source: Small Cap Network
http://community.smallcapnetwork.com/Small-Cap-Gains-in-a-Flat-Market-Drug-stocks-NVGN-and-TRGT-Post-Impressive-Gains/s/article/view/p/mid/1/id/133/
