CKCM update

As mentioned before I like to trade a small RFID company, CKCM, from time to time. I believe the company is poised to do pretty well in the future. Today there is a breakout to the negative on the MACD. This stock will likely slide back to the gap around 15 and with a weak market and lack of news it could slide further to the $12.50 range at the bottom of the gap prior to earnings (could be a set-up for the market makers out there to load positions at a discount). I'm not going to trade this one but keep an eye on it. A technical bottom after this slide could be an excellent entry point.