May 15, 2008
PHTN -Nasdaq. Photon Dynamics certainly looks like its turned a corner. Rising OBV since the start of the year shows the buyers have resumed control. Good recent volume expansions have led to the formation of a Darvas box with a 12.54 high formed on the 7th May. A break of this high would constitute an entry into PHTN. Keep an eye on this stock.
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