DALLAS, Texas - TwinTrader.com announces the publication of Breakout for EZCORP Inc. (Nasdaq: EZPW), an excerpt highlighting public companies on the move and what’s behind their stock activity.
Investors can view all of the Breakouts and other articles for free by visiting: http://www.twintrader.com/
EZCORP Inc., together with its subsidiaries, lends or provides credit services to individuals who do not have cash resources or access to credit to meet their short-term cash needs. The company makes pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, tools, sporting goods and musical instruments. The company also offers signature loans, consisting of payday loans or fee-based credit services, to customers seeking loans from unaffiliated lenders.
The breakout features the pawn shop industry's gains and record profits during as consumers cut back in hard times. The breakout also details the day’s technicals. The author writes:
“Pawn shops historically do a lot of business and make record profits during recessions. Lower income and unemployed individuals short on cash rely heavily on pawn shops to make ends meet during tough economic times. … Shares of EZCORP rallied back strongly since the sell-off during the second week of August. The previous resistance at $17 has been taken out and has created a tremendous short squeeze. Considering that the RSI is still in the neutral range, the stock may have some more rally left before strong technical profit taking comes into the market. The MACD has crossed to a bullish reading and accelerating.”
To read the entire article visit http://www.TwinTrader.com
Join the fastest growing investor community at: http://www.stockhideout.com/
TwinTrader LLC (TT) is not a registered broker-dealer and is not a registered investment advisor. No investor should base their investments decisions upon any act or omission of TT. TT makes no representations or warranties, and none may be relied upon. The purchase and sale of any securities must be made solely with the assistance of a registered broker-dealer and/or investment advisor. TT may, and you should assume that TT does, own shares in the companies profiled on this site. TT intends to sell its shares at times and as otherwise allowed by the securities laws which may negatively affect the performance of the stock price. TT affiliates, officers, directors and employees may have also bought or may buy shares in the companies profiled on this site and may sell, and profit from the sale of, such shares at any time. Except as required by the securities laws, TT will not advise when it or its affiliates, officers, directors and employees intend to sell and will not offer any opinion as to when others should sell. Any recent increase in volume or increase in stock price may be due to trading by TT or its affiliates, officers, directors and employees. TT will not be responsible for any gains or losses due to investing based on any opinions contained on this site. Receipt of the stock profiles, either via e-mail or directly from this site, is not in any way a solicitation or recommendation to buy or sell and should be used for information purposes only. Short-term trading can be extremely risky. As with any investment decision, careful research should be done before making any decision to invest.
TwinTrader.com is a Web site partially owned by BlueWave Advisors, LLC, a financial public relations firm. BlueWave Advisors, LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice. For the full disclaimer visit www.beaconequity.com/m.
Source: TwinTrader.com
TwinTrader.com
Scott Sanchez, (214)-317-5947
scott@twintrader.com
