SCCO: More room to the upside?

By Justin, of Hedge Fund Live - SCCO took a big hit on Monday's trading session on news that Humala will likely be Peru's next President. Since Jan. this stock has declined nearly 35% and has been in an obvious bearish trend. Since Monday, the stock has been able to put in higher highs and lower lows. Not to say that this stock is poised to breakout, but would keep an eye on levels of support and resistance to decide a further move in either direction. Right now, if you were looking to be long SCCO watch.... Read the full analysis here. Watch Hedge Fund Live's daily live trading sessions here.